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View Full Version : CU AG mine layoffs.



Errosion Of Accord
20th January 2013, 07:05 AM
http://billingsgazette.com/news/state-and-regional/montana/troy-mine-might-have-to-lay-off-workers/article_bdb9fff8-b9ad-56da-ba71-23b7adff4b5d.html

KALISPELL — Revett Minerals says it's unclear when it can resume operations at the Troy Mine in western Montana following rockslides inside abandoned parts of the mine and might have to lay off workers.

osoab
20th January 2013, 11:28 AM
wilver opens down 1 frn due to this news.

Errosion Of Accord
20th January 2013, 08:38 PM
Finally got a minute to look at thier numbers.

4,000 tons per day
1.325 million oz Silver per annum (avg. at planned production)
10.0 million pounds Copper per annum

Not too shabby

mamboni
20th January 2013, 09:22 PM
Finally got a minute to look at thier numbers.

4,000 tons per day
1.325 million oz Silver per annum (avg. at planned production)
10.0 million pounds Copper per annum

Not too shabby

That's an average ore grade of 0.9 gm silver per ton. Talk about collapsing ore grades! Forty years ago, this wouldn't even be considered a reserve.