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Gold miner goes bankrupt

A Cerro Grande Mining Corp (CN:CEG) subsidiary has filed for voluntary bankruptcy just weeks after closing its high-grade Chile gold mine.

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No light yet at the end of the tunnel for Pimenton

Compañia Minera Pimenton closed its Pimenton mine on May 12, citing a combination of “a lack of adequate working capital and a series of snow storms that have and will affect operations at the mine”.

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