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Nevada Copper Corp 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 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.


GREY:NEVDQ - Post by User

Post by bogfiton Feb 10, 2023 10:24am
626 Views
Post# 35279512

Feb 10 (Reuters) - South Africa's logistics utility Transnet

Feb 10 (Reuters) - South Africa's logistics utility Transnet

 on Friday suspended freight rail services on its North East Corridor, which links with several countries in southern Africa, as heavy rains damaged infrastructure on the line.

The corridor, which mostly moves mineral commodities, links South Africa to Swaziland, Zimbabwe, Mozambique, Zambia and the Democratic Republic of Congo.

"Disruptive weather conditions in Mpumalanga and Limpopo have adversely affected Transnet Freight Rail operations in the North-East Corridor," Transnet said.




"Heavy, abnormal rains damaged the rail infrastructure across the corridor's major commodity pathways resulting in severe disruption to the train service," the utility said.

The corridor would only be re-opened after a full safety assessment and the line certified as safe for normal running of train traffic.

Cross-border operations to the Maputo port and TCM Matola terminal in Mozambique also came to at a standstill due to flooding of the network, affecting the movement of magnetite, rock phosphate, chrome and ferrochrome, Transnet said."

FWIW - Typical la Nina weather, however the curent powerfull solar storm could flip OSE to El Nino.

b.

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