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Bullboard - Stock Discussion Forum Yukon Nevada Gold Corp T.YNG

TSX:YNG - Post Discussion

Yukon Nevada Gold Corp > Because it had to close for what?
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Post by MineGuy2 on Apr 05, 2009 5:19pm

Because it had to close for what?

Interesting................Yukon-Nevada Gold Corp. lost $105.3 million last year, primarily because it had to close its Jerritt Canyon Mine in Nevada to install new equipment to meet regulatory standards for mercury air emissions, the company said Wednesday.

Kind of funny how the story changes over time, as I remember it, they had to close because they spent all their money when they stopped milling and mining (for 4 months) to do rehab and cleaning.  The new mercury scrubbers still aren't installed or are they, they never offer up that kind of information.

But who cares about details?
Comment by MineGuy2 on Apr 05, 2009 5:22pm
Nicole said they had to close because the miners were mining barron rock, remember that?
Comment by romara on Apr 06, 2009 9:00am
MineGuy2.......Nicole told me the same thing plus they were not backfilling the aggregate into the mined areas
Comment by MineGuy2 on Apr 06, 2009 1:16pm
Queenstake Resources has conducted a top to bottom evaluation of the Mill operation with NDEP and made numerous changes to address or eliminate air emissions. As part of this effort and in conjunction with other interim operational changes, Queenstake has committed to implement state-of-the-art mercury-emission control technology by May 30, 2009. NDEP staff will remain on-site to monitor progress ...more