Revett cuts work force at suspended Troy Mine

May 23, 2013 | 12:39 PM | Anne Riley

Tags  Revett Minerals, copper, silver, Troy Mine, John Shanahan, work force cutbacks, anne riley

NEW YORK — Junior copper-silver miner Revett Minerals Inc. has announced "an immediate and significant reduction in the work force at its Troy Mine" in Montana as most operations remain suspended and production looks unlikely to resume this quarter as previously forecast.

The company, which temporarily halted mining activities at its flagship Troy Mine in the fourth quarter due to "unstable and unsafe ground conditions" (amm.com, March 11), said it had continued some underground development work during the outage in an attempt to regain access to a key mining zone. However, many of those crews will now be made redundant as structural damage at the mine remains. ....





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