Southwest Critical Materials, an affiliate of private equity firm Kinterra Capital, has acquired the Pumpkin Hollow copper project from Nevada Copper. In August, Nevada Copper entered into a stalking horse asset purchase agreement with Southwest Critical Materials after voluntarily filing for Chapter 11 bankruptcy in June. With this acquisition, Kinterra now controls more than 11 billion pounds of copper across…
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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.
Read MoreNevada Copper has entered into a stalking horse asset purchase agreement with Southwest Critical Materials after voluntarily filing for Chapter 11 bankruptcy in June. The company said the U.S. Bankruptcy Court and the Superior Court of Justice of Ontario have approved bidding procedures for use in connection with the sale process where Southwest Critical will serve as the stalking horse…
Read MoreIn 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. “Since restarting mining and milling operations, we’ve made progress in a number of areas, including completion of life of mine projects such as the Geho dewatering system and phase…
Read MoreWith the first stope backfilled and its paste plant commissioned, Nevada Copper’s Pumpkin Hollow underground mine is in perfect step and has achieved the first ore feed to the complex’s mill. The producer said October 3 that processing operations have now recommenced at an initial feed rate to the mills of 3,000 tons per day (t/d), which now permits its…
Read MoreNevada Copper has provided an update on the progress of its operating restart activities at the Pumpkin Hollow underground copper mine in Nevada. The company said Small Mine Development commenced underground activities on June 1. Six working faces were made available to the contractor to accelerate primary and secondary lateral development. Nevada Copper said mine development in the EN Zone,…
Read MoreA 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. The plan for the copper operation, according to the company, includes a number of key components intended to de-risk…
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“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.
Read More“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.
Read MoreNevada Copper, owner of the Pumpkin Hollow project in Nevada, released an operational update in late May as it worked to file its first quarter earnings.
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