Jul 12, 2026 – 12.00pmA former United States congressman has launched a campaign to take control of a loss-making Queensland mining minnow, targeting the executive chairman’s $800,000 pay and agitating to restart what was once one of the world’s richest gold mines.Alan Grayson, a Democrat from Florida, wants ASX-listed Citigold to make good on its statements to restart mining at Charters Towers, an operation that produced 6.6 million ounces of gold between 1872 and 1917, worth almost $40 billion at today’s prices.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles