AMC CEO eyes Hycroft gold mining boost: 'He who laughs last, laughs best'

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AMC CEO eyes Hycroft gold mining boost: 'He who laughs last, laughs best'
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AMC stunned Wall Street last year when it made a $27.9 million investment in Hycroft Mining.

AMC Entertainment Holdings Inc. CEO Adam Aron is eyeing a potential boost from Hycroft Mining Holding Corp.’s acquisition of claims near the historic Rosebud gold and silver mine in Nevada.

The... AMC Entertainment Holdings Inc. CEO Adam Aron is eyeing a potential boost from Hycroft Mining Holding Corp.’s acquisition of claims near the historic Rosebud gold and silver mine in Nevada. The Rosebud mine, which operated from 1997 to 2000, produced high-grade gold and silver. Operated through a joint venture between Newmont USA Limited and Hecla Mining Company, the mine produced approximately 400,000 ounces of gold and over 2 million ounces of silver at an average grade of over 14 grams and 83 grams per ton, according to Hycroft, citing a 2008 geologist report.

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