News
Creditors oppose mine sale
Creditors who say they’re owed nearly $10 million from the owners of the Revenue- Virginius Mine have asked a Ouray County judge not to approve a proposed sale to Silver X Mining.
In recent court filings, San Juan Mountain Guides, Western Refractory Construction, Inc., Mining Equipment and Supply LLC and Brahma Group, Inc. all opposed the sale agreement, citing its impact on their unpaid bills and liens.
A former owner of the mine, RVM Holdings, LLC, is also objecting to the sale agreement, clai...