Morien Resources rises as Nova Scotia lifts stop work order on Donkin coal mine

Morien Resources

28/12/2023 16:16

** Shares of Canadian miner Morien Resources  MOX.V  rise
13.51% to C$0.42
    ** Nova Scotia lifts the stop work order on the Donkin coal
mine in which Morien holds 2% to 4% royalty interest on sale
        ** Kameron, owner and operator of the mine, has met the
Phase 1 safety requirements, says Nova Scotia Department of
Labour, Skills and Immigration
  
        ** The stop work order was placed on July 15 after a
roof fall incident  
  
    ** Resumption of production from mine not expected till
Phase 2 and other regulatory requirements are met, report  
    ** Including session's gains, MOX stock has fallen 38.24%
YTD

 (Reporting by Kabir Dweit)
 ((Kabir.Dweit@thomsonreuters.com))