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Nevada Copper faces working capital sinkhole

While news of a sinkhole near a copper mine in Chile have made international headlines, Nevada Copper has a growing sinkhole of its own to contend with, in its balance sheet.

Nevada Copper faces working capital sinkhole Nevada Copper faces working capital sinkhole Nevada Copper faces working capital sinkhole Nevada Copper faces working capital sinkhole Nevada Copper faces working capital sinkhole

Nevada Copper's Pumpkin Hollow in Nevada, USA

The company's June quarter financial statements reported a working capital deficit of US$359 million, more than triple the $95 million hole at the end of the March quarter.