Nevada Copper Corp. is very pleased to announce a steady increase in performance from the Pumpkin Hollow underground project . Performance Highlights Mine Hoisting. In December, the Company hoisted 36,000 tons of ore, an increase of over 60% from November. During the first week of January 2021, electrical and instrumentation commissioning of the [...]
Nevada Copper Corp. is pleased to announce the completion of the underground materials handling system of the main shaft. The materials handling system represents a significant milestone in the construction of the Company’s underground project which included sinking the vent shaft, sinking the main shaft, and construction of the processing plant [...]
Nevada Copper Corp. is pleased to announce the execution of binding agreements with respect to a financing package that will provide liquidity for the continued ramp-up of operations at the Company’s underground project . Financing Package Highlights: The Company has entered into binding agreements with several of its existing financing partners to [...]
Nevada Copper Corp. is pleased to announce that it has agreed to non-binding terms with its senior lender, KfW IPEX-Bank GMBH and is engaged in ongoing discussions with other lenders to provide a combined financing package of at least US$30 million. The Company is working with KfW and the other lenders with the aim of executing binding agreements [...]
Nevada Copper Corp. is pleased to provide an operations update and announces the filing of its Q3 2020 Financial Statements. Q3 2020 Highlights Operations During Q3 2020, the Company made notable progress in its previously announced accelerated development plan, re-mobilized its workforce and re-started the processing plant at its underground [...]
Nevada Copper Corp. provides an operations update, including October production and progress with completion of the Main Shaft at its Pumpkin Hollow Underground Mine. Mike Ciricillo, Chief Executive Officer of Nevada Copper, stated: “We are pleased that the Main Shaft steelwork is complete and that work is progressing on the materials handling [...]
Nevada Copper Corp. is pleased to announce the appointment of Mike Ciricillo as acting Chief Executive Officer. Appointment of Mike Ciricillo Mr. Ciricillo was previously the Head of Copper Industrial Operations for Glencore Plc, where he oversaw Glencore’s worldwide copper assets. Prior to Glencore, he has held a number of senior management roles [...]
Nevada Copper Corp. is pleased to announce the resumption of deliveries of copper concentrate to its offtake partner following the restart of copper production in August 2020 at its Pumpkin Hollow Underground Mine and provide an update on the Company’s operations. Evan Spencer, Chief Executive Officer of Nevada Copper, stated: “We are pleased to [...]
Nevada Copper Corp. is pleased to announce that it has restarted its milling operations at its underground project at Pumpkin Hollow . On August 20, 2020, the Company restarted its processing plant following temporary suspension of copper production due to impacts of the COVID-19 pandemic. The plant restart and ramp up benefits from the processing [...]
Nevada Copper Corp. is pleased to provide an operations update including development progress and restart preparations at Pumpkin Hollow. Accelerated Mine Development and Restart Planning The Company is making significant progress and is on target to re-start copper production in August 2020, following the temporary suspension of copper production [...]
Nevada Copper Corp. is pleased to announce that the underwriters in the Company’s previously-announced public offering of units of the Company at a price of $0.15 per Unit elected to exercise their over-allotment option in full to purchase additional Units . The Over-Allotment Option closed today and resulted in an aggregate of 23,790,000 Units [...]
Nevada Copper Corp. is pleased to announce that it has completed its previously announced public offering of 643,713,553 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds of approximately $97 million . Each Unit consists of one common share of Nevada Copper and one-half of one Common Share purchase warrant of Nevada [...]
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