The company also expects trading to be halted on the Lima Stock Exchange, OTCQX and the Frankfurt Stock Exchange, and that its common shares may be delisted.
The company did not give a reason for the trading halt on the Toronto Stock Exchange. It said it also expected trading to be halted on the Lima Stock Exchange, OTCQX and the Frankfurt Stock Exchange, and that its common shares may be delisted.One of Trevali’s three main operating assets is the Perkoa zinc mine in Burkina Faso, where operations have been suspended since torrential rainfall caused flash flooding on April 16.
The floodwaters breached the mine’s safety controls and submerged the site with eight workers deep underground. Their bodies were found after a long search. A Perkoa mine manager and a manager from the company’s contractor Byrnecut have been detained and face charges relating to the flood, the company said in a statement. It did not provide further detail.Burkina Faso’s prime minister said shortly after the flood that managers of the mine were banned from leaving the country while investigations were underway into the cause of the accident.
Trevali has said it was caught unawares by the flood, which occurred during the West African country’s usual dry season.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
AMC Entertainment Stock Plunges As Its APE Securities Debut On NYSEAMC Entertainment’s new APE securities — AMC Preferred Equity Units – began trading today late morning in a messy session for the big exhibitor, whose primary stock is down by almost 40%. APE…
Lire la suite »
Meme stock lifelines show signs of fragility: AMC and Bed Bath & Beyond suddenly plungingCompanies that look like they had a new lease on life courtesy of the meme stock movement are suddenly being forced to ponder their prospects without retail traders backing them up.
Lire la suite »
Tesla stock split, Peloton earnings, Fed Jackson Hole symposium top week aheadFOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Lire la suite »
Stock Futures Fall as Wall Street Looks Ahead to Jackson HoleA summer rally was halted last week as fears of aggressive interest rate hikes from the Federal Reserve resurfaced on Wall Street.
Lire la suite »
Regal Cinemas owner Cineworld Group prepares to file for bankruptcy after stock crashThe world's second-biggest movie theater chain is in trouble.
Lire la suite »