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Nevada Copper delays ramp up, shares sink

Toronto-listed Nevada Copper has further delayed ramp-up at its underground Pumpkin Hollow mine because of operational setbacks and it warned of problems of securing sufficient finance going forward. Shares in the company lost over 20%.

Nevada Copper delays ramp up, shares sink Nevada Copper delays ramp up, shares sink Nevada Copper delays ramp up, shares sink Nevada Copper delays ramp up, shares sink Nevada Copper delays ramp up, shares sink

Nevada Copper shares hit by mine setbacks

The mine encountered operational and geotechnical challenges in the latter part of May that are expected to delay stope mining in the East South mining area and result in reduced concentrate