Nevada Canyon Gold said the 2024 drill program has begun at the Lapon Canyon project in Mineral County, Nev. It will consist of exploration drilling near the historical Lapon Canyon Mine, the “Central Zone,” and the newly discovered “Hot Spot Zone.” The natural resource company recently acquired a 3% net smelter royalty on the project, which is owned by Walker…
Read MoreDay: June 10, 2024
Bens Creek enters liquidation
Met coal mine owner Benns Creek Group has reportedly decided to liquidate its business, according to reports. Officials told Proactive Investors that it had talks with its advisers, opting for the move, and has appointed Hill Dickinson for the process. Proceedings will start immediately, as it prepares its application for the courts. The financial news service noted that a general…
Read MoreNevada Copper files for Chapter 11
Pumpkin Hollow mine owner Nevada Copper has confirmed its filing of a voluntary petition for Chapter 11 bankruptcy protection. The miner filed in the Bankruptcy Court of the District of Nevada. The company had already hinted at its plan in recent filings, noting it was in discussions with its key stakeholders and other parties to obtain funding and/or enter into…
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