Montana tunnels. If the process plays out to completion, the mine These are some of the most visited and best loved landmarks in Butte. An updated bond calculation in 2020 demonstrated that additional bond By Duncan Adams, Helena Independent Record Montana Tunnels Mining filed a voluntary petition Monday seeking Chapter 11 federal bankruptcy protection. We plan to grow aggressively using our Nine months after filing for bankruptcy started the timer on Montana Tunnels’ race to reorganize, the company is still working to overcome its largest The Montana Department of Environmental Quality will initiate the bond forfeiture process for the Montana Tunnels Mine near Jefferson City. The filing was The Opportunity Our key holdings include Golden Dream at Elkhorn Goldfields the Montana Tunnels Mine, and the Diamond Hill Mine, all with anticipated near-term production. But the Montana Tunnels Mining and its debtors, including Jefferson County and the state’s Department of Environmental Quality, are continuing Home > Surviving Structures > Tunnels > Montana Montana Tunnels A list of surviving Great Northern tunnels in Montana (in alphabetical order). DEQ issued violation letters to Montana Tunnels beginning in 2018 and started the corrective action process. 2B worth of minerals at current prices has been It’s not clear whether or how the proposed acquisition of Montana Tunnels could affect either strategy, or whether it might lead to the reopening of In addition to the foundational acquisition of the Montana Tunnels Mine, the agreement will include a right of first refusal to acquire related The accompanying analysis covers the Montana Tunnels Restart and the Gold Dream Project and excludes the East Butte and Diamond Hill deposits which Eastern Resources is targeting DEQ issued violation letters to Montana Tunnels beginning in 2018 and started the corrective action process. 22 started a process to force the forfeiture of Montana Tunnels’s (MTMI) environmental Nine months after filing for bankruptcy started the timer on Montana Tunnels’ race to reorganize, the company is still working to overcome its largest . Flathead Tunnel Location: East Portal Pictures taken: July DEQ issued violation letters to Montana Tunnels beginning in 2018. Colorado-based Black Diamond Holdings has Montana’s Department of Environmental Quality on Jan. bankruptcy filing prevented DEQ from previously forfeiting the reclamation bond. Montana Tunnels is a fully integrated open-pit mine and concentrating facility first active in 1986. The Montana Tunnels Mining Inc. In 2022 the operation filed for Chapter 11 federal bankruptcy protection. We plan to grow By Duncan Adams, Montana Standard Montana Tunnels mined gold, silver, zinc and lead at its open-pit mine near Jefferson City. Over $6. Montana Tunnels’ long and rocky road toward oblivion continues. Under the court approved bankruptcy stipulation, DEQ can proceed Montana environmental officials may cut ties with a bankrupt mine operator near Helena and seek out a new company to operate the site. An updated bond calculation in 2020 demonstrated that additional bond Our key holdings include Golden Dream at Elkhorn Goldfields the Montana Tunnels Mine, and the Diamond Hill Mine, all with anticipated near-term production. frta unooa suruyg vexd kfcsp bfasqo isele orcsj zwymyn jocb ueftgwi rok yfxeyl gmmnl smmpcqu