Tag: Troy Mine

Revett Mining Inc.

Report: Revett Mining – Update

All eyes are currently focused on the reopening of the Troy Mine which had to shut down in December 2012 after a seismic event forced the company to halt its operations. Revett Mining tried to regain access to the ore zones via the lower quartzite haulage route, but unfortunately a […]

Revett Minerals Inc. - Troy Mine

Another update from Revett Minerals

Revett Minerals (RVM.TO; NYSEMKT:RVM) has provided another corporate and operational update. As of at the end of September, Revett still had a working capital position of $13.5M, which means the company spent approximately $15M in 9 months on the re-development of the Troy Mine in Montana, USA. As the company […]

Revett Minerals Inc.

Bad news for Revett Minerals

Revett Minerals (RVM.TO, NYSEMKT:RVM) has announced an update on the status of the Troy Mine in Montana, USA. As further dewatering has revealed more structural damage to the haulage route, the company will now change plans and construct a new decline into the North C-Beds and I-Bed. This approach will […]

Revett Minerals Inc. - Ethical mining in Montana’s nature

Revett Minerals – Good news from Troy

Revett Minerals (RVM.TO, NYSEMKT:RVM) has released an update on its efforts to get the Troy mine up and running again. The company completed the D-Drive into the lower quartzite ore zone and a first inspection of the first 130 meters into the lower quartzite zone revealed no structural damage, which […]

Revett Minerals Inc.

Revett Minerals – Update

Revett Minerals (RVM.TO, NYSEMKT:RVM) announced its Q2 financial results and an update on the Troy Mine where the company is trying to regain access to mineralized zones after a seismic event caused Revett to close the mine in December of last year. As expected, the company reported a net loss, […]

Revett Minerals Inc.

Revett Minerals provides an update on the Troy Mine

Revett Minerals (RVM.TO, NYSEMKT:RVM) has updated the market on their ongoing efforts at the Troy Mine to re-establish the connection to the mining areas underground. As part of the planned development, Revett was constructing two separate drifts to re-gain access to the orebodies. Unfortunately the crews encountered structural damage during […]

The Second Most Important Factor in Picking a Winning Mining Investment: Jurisdiction

The Second Most Important Factor in Picking a Winning Mining Investment: Jurisdiction

Jurisdiction risk continues to grow as a result of countries attempting to capitalize on higher commodity prices. In this interview for The Gold Report, Thibaut Lepouttre, editor of Caesars Report, discusses which jurisdictions offer better value to investors and which countries to avoid. He also offers suggestions on where to […]

Revett Minerals Inc.

Revett updates the market on Troy Mine restart

Revett Minerals (RVM.TO, NYSEMKT:RVM) has released an update on the progress at their 100% owned Troy Mine in Montana. We hoped the mine would restart production sometime later this month, but the target date has now been pushed back towards the end of this quarter. This delay is mainly caused […]

Revett Minerals Inc.

Report: Revett Minerals – Update

The management team at Revett is doing everything they can to get Troy back up and running again, as the project provides enough cash flow to continue work at both the surroundings of the Troy Mine as well as advancing the Rock Creek project.