Northern New York Newspapers
Watertown
Ogdensburg
Massena-Potsdam
Lowville
Carthage
Malone
NNY Business
NNY Living
NNY Ads
Sat., Aug. 30
ADVERTISE SUBSCRIBE
Serving the communities of Jefferson, St. Lawrence and Lewis counties, New York
In print daily. Online always.
Related Stories

Zinc mine sale not closed yet

ARTICLE OPTIONS
A A
print this article
e-mail this article

BALMAT — Sale of HudBay Minerals zinc operation to Wildcat Zinc remains on hold.

“We’re still working on financing. We’re still talking to HudBay,” Wildcat CEO Michael L. Hoffman said. “It’s a tough time to get financing.”

On April 22, OMT Inc. and New York Zinc — a venture of the Canadian companies OMT Inc. and New York Zinc — signed a letter of intent for a business amalgamation under which HudBay would sell the zinc mines for $14 million.

HudBay closed the mines in 2008.

Connect with Us
WDT News FeedsWDT on FacebookWDT on TwitterWDT on InstagramWDT for iOS: iPad, iPhone, and iPod touchWDT for Android
Showcase of Homes
Showcase of Homes