Southwest Critical Materials, an affiliate of private equity firm Kinterra Capital, has successfully acquired the Pumpkin Hollow copper project in Yerington, Nev., from Nevada Copper.
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Nevada Copper assets for sale
Nevada Copper has entered into a stalking horse asset purchase agreement with Southwest Critical Materials after voluntarily filing for Chapter 11 bankruptcy in June. Full story.
Read MoreNevada Copper appoints interim management
Financially troubled miner Nevada Copper has tapped Gregory Martin and Matthew Anderson as its interim president and CEO and interim CFO, respectively. Martin was previously the company’s executive vice president and CEO; Anderson was vice president of Finance for the company. Nevada Copper is entering its second full week after confirming its plan to file for Chapter 11 bankruptcy in…
Read MorePumpkin Hollow hit by ‘unforeseen setbacks’
In an operational update, Nevada Copper said that its Pumpkin Hollow underground copper mine faced several challenges, including a build-up of water underground, that impacted its progress in the fourth quarter. Full story.
Read MoreNevada Copper continues toward Pumpkin Hollow restart
Nevada Copper has provided an update on the progress of its operating restart activities at the Pumpkin Hollow underground copper mine in Nevada. Full story.
Read MorePumpkin Hollow gets restart plan
A restart of operations and ramp-up of production is in the future of Nevada Copper’s Pumpkin Hollow complex in Yerington, Nev., after the company came to an agreement with lenders for a US$93 million infusion of funding for the underground mine. Read full article.
Read MoreProgress positive at Pumpkin Hollow: Nevada Copper
“Consistent progress” is the name of the game at Nevada Copper’s Pumpkin Hollow mine, with the miner reporting several changes and ramp-up advancements at the flagship complex in a new operational report.
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