Newlox Gold: Scaling Artisanal Mining
It is always interesting to speak with Ryan Jackson, CEO of Newlox Gold (LUX.C). Jackson has the great gift of being able to make a plan and stick to that plan – with a few shifts for COVID.
It is always interesting to speak with Ryan Jackson, CEO of Newlox Gold (LUX.C). Jackson has the great gift of being able to make a plan and stick to that plan – with a few shifts for COVID.
Junior resource companies have been struggling to adapt their businesses to COVID-19. It is pretty tough to socially distance in a four seat helicopter and “camp” arrangements have to be reconsidered. In Ryan Jackson’s Newlox Gold’s (C.LUX)case, its milling operation in Costa Rica had to be suspended entirely.
Artisanal mining occurs all over the world. In some jurisdictions it is seen as a dangerous blight, however, in Costa Rica the government regulates and encourages the artisanal miners in its central gold belt.