Trevali Mining

Trevali Mining Corporation, headquartered in Vancouver, Canada, was a global base-metals mining company primarily focused on zinc production. The company operated multiple mines across the Americas and Africa, including the Caribou Mine in New Brunswick, Canada, the Santander Mine in Peru, and the Rosh Pinah Mine in Namibia. Trevali's strategic approach involved optimizing existing operations, pursuing organic growth, and participating in accretive investment opportunities. In 2018, the company produced 407 million payable pounds of zinc, 41.7 million payable pounds of lead, and 1.2 million ounces of silver. Trevali employed state-of-the-art mining technologies to extract and process high-quality zinc concentrates.

However, Trevali faced significant challenges in recent years. In April 2022, a serious flooding incident occurred at the Perkoa Mine in Burkina Faso, resulting in the death of eight miners. The company's efforts to dewater the mine and conduct search operations were unsuccessful in locating the missing miners. In August 2022, Trevali suspended operations at its Caribou zinc mine in Canada due to financial and operational challenges. Subsequently, in September 2022, the company filed for protection under the Companies' Creditors Arrangement Act (CCAA) and its shares were delisted from the Toronto Stock Exchange effective October 3, 2022.

In June 2023, Trevali's remaining officers and employees ceased their employment with the company, and Russell Ball resigned as a director. The company's assets have since been sold or placed into receivership. In June 2023, Appian Capital Advisory acquired an 89.96% interest in the Rosh Pinah zinc mine from Trevali.