Western Copper and Gold's Casino Project to Have Significant Impact on Yukon's Economy
Western Copper and Gold Corporation (WRN.TO) today announced the results of an updated study on the potential economic impact of the Casino project on Yukon and Canada recently completed by MNP LLP.
During each of its 22 years of operation, the Casino mine is expected to contribute $274 million to Yukon's economy. Operation of the mine is estimated to contribute $350 million to Canada's GDP annually while creating 1,308 FTEs and generating $61 million in wages and salaries across Canada.
The Casino project is also expected to generate $3.1 billion in taxes and royalties to various governments during the life of mine.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.