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Tahera (mining Company)
Tahera Diamond Corporation was a Canadian diamond mining company headquartered in Toronto, Ontario. Tahera's Jericho Diamond Mine was Canada's third, and Nunavut's first, diamond mine. Tahera opened the Jericho mine in 2006. During production Tahera had a diamond marketing alliance with Tiffany & Co. In 2007 the company reported financial losses due to operational difficulties, the high value of the Canadian dollar, high oil prices, and the short operating season of the Tibbitt to Contwoyto Winter Road, Tibbitt-Contwoyto winter road in 2006. In mid-January 2008, Tahera filed an application for protection from creditors, and in February it suspended its mining operations. Ore processing and diamond recovery continued until ore stockpiles were exhausted. In September 2008, a private Vancouver, British Columbia, Vancouver-based company announced a Plan Sponsorship Agreement with Tahera; however, in November Tahera announced that the Plan Sponsor's conditions were not met and the agree ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
