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Metals & Mining Gold

Monarch Mining Corporation is a Canada-based is a gold mining company. The Company owns three projects, such as the Beaufor, McKenzie Break, and Swanson projects. It holds a 100% interest in the Beaufor Mine, which is on care and maintenance. The property consists of two mining leases, a mining concession and approximately 23 mining claims covering an area of 5.9 square kilometers (km2). The... see more

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Monarch Mining Corp > Monarch Mining Places Beaufor Mine On Care And Maintenance

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Post by AwareInvestor on Sep 28, 2022 8:16am

Monarch Mining Places Beaufor Mine On Care And Maintenance

After continued struggles at the Beaufor Mine, Monarch Mining is placing the mine into care and maintenance. The mine has been plagued with both financial and operational challenges, which were first highlighted by the company several weeks ago.

https://thedeepdive.ca/monarch-mining-places-beaufor-mine-on-care-and-maintenance/

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Comment by michelville9 on Sep 28, 2022 9:25am

Est-ce le debut de la fin ou une sage decision. Ca prend des revenus pour payer tous les administrateurs. Peut-etre faudra- t-il vendre des actifs comme Croinor. J' espere que ce n' est pas un autre Eleonore ou un Nemaska

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Monarch Mining Corp