Revett to shut mine if copper stays low
Dec 15, 2008 | 10:48 AM
| Anne Riley
Revett Minerals Inc. has told employees that it will shutter its Troy copper-silver mine near Libby, Mont., in February if metal prices do not post a significant recovery.
The announcement came just two weeks after workers took a voluntary pay cut in an effort to increase the Spokane Valley, Wash.-based company's cash flow and stall a permanent shutdown.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.