Mining company loses money
General Metals Corp., a publicly held mining company headquartered in Reno, lost $378,288 in the quarter ended Jan. 31. This compared with a loss of $420,210 in the comparable year-earlier quarter.
The company, which is exploring claims in the Battle Mountain mining district of Lander County, has yet to post any revenue.
After expanding to the North Valleys in 2018, Crystal Creek Logistics is looking to grow to a new home at least twice the size of its current 35,000 sq. ft. location; the expansion would create another 55 jobs, bringing its total local workforce to about 100 employees.