Midweek Takeaway featuring Adam Wilson, CEO of Bens Creek (AIM:BEN)

Phil Carroll and Kevin Hornsby talk to Adam about the recent news that the company has temporarily withdrawn highwall miner, unit 81, from service for repairs and benching following a mining incident. The US Department of Labor's Mine Safety and Health Administration has approved the recovery plan, and HWM 81 is expected to resume full production by mid-August 2023. In addition, Bens Creek Operations has raised $6.5 million through the issuance of unsecured loan notes to Avani Resources Pte Ltd, the company's largest shareholder. The funds will be used for increasing the earthmoving fleet and general working capital requirements. 

Disclaimer & Declaration of Interest

The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.