Silver Bow Acquires Montana Mine Assets | Bozeman News

Silver Bow Mining just acquired key assets from bankrupt Montana Tunnels Mining, including a processing plant in Jefferson County — and paid $20.78 million to the state to clean up the old mine site, ensuring environmental accountability. With exploration already underway nearby, Silver Bow is now evaluating whether to reopen the shuttered Montana Tunnels mine, while the DEQ pursues legal action against former executives labeled “bad actors.” The Canadian company, based in Butte, recently raised $60 million, positioning itself to potentially revive operations — all while settling debts owed to local governments and taxpayers.

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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.bozemandailychronicle.com/news/big-sky/deq-receives-20-78-million-for-reclamation-costs-at-bankrupt-montana-tunnels-mine/article_1690458e-ca30-5583-80ed-c6da64d6cf1f.html

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