Nevada Copper Corp T.NCU

Alternate Symbol(s): T.NCU.WT.C | NEVDQ

Metals & Mining Copper

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 a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.

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Nevada Copper Corp > Sign of the times?

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Comment by bogfiton May 11, 2022 10:43am

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Post# 34673881

RE:Sign of the times?

"Surging inflation is eating into gold miner Gold Fields' contingency cost buffer for its Salares Norte project in Chile, CEO Chris Griffith said on Monday, adding that the South Africa-listed company is seeing at least 10% inflation in the regions where it operates.

"That kind of inflation is what is rapidly eating up our contingency," Griffith said in an interview on the sidelines of the Mining Indaba conference in Cape Town. Cost inflation is a headache for all mining companies that are heavy consumers of fuel and electricity.

Prices for some products Gold Fields consumes, such as steel bolts, reagents, and explosives, have risen by as much as 30%, Griffith said.

Inflation eating into Gold Fields' Chile project, CEO says | Kitco News

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