Despite creditor protection, Tacora CEO says future is bright for Wabush mine
As one of Labrador West's largest employers remains under creditor protection, the company's CEO says he's ready to face it head on.
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As one of Labrador West's largest employers remains under creditor protection, the company's CEO says he's ready to face it head on.
Tacora Resources has a group of investors waiting to inject cash into its Scully Mine in Wabush and ending its creditor protection, but part-owner Cargill has raised objections to the deal.
Tacora Resources, still in creditor protection, has announced a group of investors, but the deal still needs to be approved by the court.
Tacora Resources Inc. Selects Successful Bidder in Sale and Investment ...
Tacora Resources Inc. (the "Tacora") on October 10, 2023, sought and obtained an Order under the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36 as amended (the "Initial Order") granting, inter alia, a stay of...