Nevada Copper Corp. is pleased to announce that it has closed its previously announced balance sheet strengthening transactions. Completed Balance Sheet Strengthening Package The following components of the financing transactions have now closed. Additional details on these transactions can be found in the Companys press release, dated March 27 [...]
Nevada Copper Corp. is pleased to announce the execution of definitive agreements in respect of the Companys proposed substantial balance sheet strengthening package announced on March 18, 2020. The financing package provides improved flexibility for the Companys balance sheet whilst ramping-up operations and in light of the substantial [...]
Nevada Copper Corp. is pleased to announce it has entered into non-binding arrangements for a proposed substantial balance sheet strengthening package in order to provide increased operating flexibility to continue its ramp-up to steady-state commercial production during this period of market uncertainty. While the arrangements are non-binding [...]
Nevada Copper Corp. is pleased to announce that it has appointed Ricardo De Armas to the Company’s board of directors . Mr. De Armas is an investment professional at Castlelake, L.P. . Funds managed by Castlelake are a significant shareholder of the Company. Mr. De Armas has spent over a decade in the investment and corporate finance sector [...]
Nevada Copper Corp. is pleased to announce that it has engaged Redpath USA Corporation to implement the Company’s ramp-up strategy for the underground mine at Pumpkin Hollow, Nevada. Following the commencement of production announced December 2019, the Company is entering into a new phase of development supporting its ongoing operations and [...]
Nevada Copper Corp. is pleased to provide an operations update, including the ongoing ramp-up of the Pumpkin Hollow Underground Mine in Yerington, Nevada, USA. Operational Highlights Underground mining: Continued delivery of mine ramp-up milestones, including • Completion of East North Vent Shaft sinking; • Commencement of blasting in [...]
Nevada Copper Corp. is pleased to announce the identification of multiple new copper targets at its Pumpkin Hollow Project and the intersection of shallow copper mineralization of grades up to 0.9% Cu in structural reconnaissance drill results, including indicators of a potential porphyry-style target and grab samples as high as 6.2% Cu at surface [...]
Nevada Copper Corp. is pleased to announce that it has shipped the first copper concentrate from its Pumpkin Hollow project in Nevada, USA. As previously announced, the Company commenced production at Pumpkin Hollow’s processing plant on December 16, 2019 and expects to complete the ramp-up to full commercial production in H1, 2020. Matt [...]
Pala Investments Limited , a multi-strategy investment company focused on the mining and metal value chain, announced today that it has acquired an additional 300,000 common shares of Nevada Copper Corp. through the facilities of the Toronto Stock Exchange . The Shares were acquired at an average price of CDN$0.29 per Share for total consideration [...]
Nevada Copper Corp. is pleased to announce that production has now commenced at Pumpkin Hollow’s processing plant in Yerington, Nevada. News Highlights Copper production has commenced1; First shipment of concentrate and first revenues expected in coming weeks; and Ramp-up to full scale commercial production at the Pumpkin Hollow underground [...]
Nevada Copper Corp. is pleased to announce that it has executed a credit agreement with Pala Investments Limited for up to US$30 million in connection with the previously announced binding term sheet. Further details of the Credit Facility are set out in the Company’s news release of November 15, 2019. US$15 million is available immediately [...]
Nevada Copper Corp. announced today that it has SEDAR-filed its quarterly financial statements and management’s discussion and analysis for the three and nine months ended September 30, 2019. Additionally, the Company confirms that its Pumpkin Hollow underground copper project is expected to enter production in Q4 2019. Construction of the [...]