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Replies to post #19062 on Hycroft Mining Holding Corp (HYMC)
Saving Grace
04/06/24 9:51 PM
#19063 RE: bigblockwyz #19062
In March 2023, the Company temporarily suspended mining operations due to several ongoing challenges such as inflationary cost pressures, contractor inefficiencies, lower than expected head grades and multiple extreme weather events. The Company will continue exploring both near-mine and prospective regional greenfield targets to grow Jerritt Canyon's resources, which are believed to significantly enhance the economics for the eventual restart of operations