Morien Resources (TSE:MOX) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Morien Resources Corp. has announced that the Nova Scotia Department of Labour, Skills and Immigration has approved the reopening of the Donkin Coal Mine, lifting a previous Compliance Order and allowing year-round operation. Previously idled due to a roof fall incident and subsequent Stop Work Order, Morien, which has a royalty interest in the mine, anticipates any resumption of production will also depend on improving regulatory processes for stable operations. The company remains focused on advocating for the mine’s production restart and will keep shareholders informed of developments.
For further insights into TSE:MOX stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue