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Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU.WT.C


Primary Symbol: T.NCU Alternate Symbol(s):  NEVDQ

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and... see more

TSX:NCU - Post Discussion

Nevada Copper Corp > More details from Elko Daily Free Press
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Post by cnynman on Jun 15, 2024 2:31pm

More details from Elko Daily Free Press

According to the NCU press officer, Tracey Thom, there will be 78 NCU employess remaining after the initial layoffs. 
A spokemsan for underground mining contractor SMD was quoted as saying they 'shut down' on June 5 and are demobilizing their equipment and employess. SMD will 75 employess impacted by the shutdown. These are not included in the '117' layoffs of direct, NCU employees.

“The operations have been placed on care and maintenance through the restructuring proceedings,” she said in an email on Thursday.
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