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    More than 50 Employees Laid off at Minto Mine in Yukon

    Pia Rivera
    Oct. 05, 2016 11:12AM PST
    Base Metals Investing

    680 News and BNN reported that more than 50 employees were laid off at the Minto Mine owened by Capstone Mining (TSX:CS).

    680 News and BNN reported that more than 50 employees were laid off at the Minto Mine owened by Capstone Mining (TSX:CS).
    As quoted in the article:

    While the layoffs were difficult, Byram said they didn’t come as a surprise because Capstone Mining (TSX:CS), which owns the site, has been holding regular town hall meetings keeping staff up to date.
    Ron Light, Minto Mine’s general manager, said there is a chance Pelly employees could return to the site to strip and mine the next open pit as early as January, pending a decision by Capstone Mining.
    The company has already given the green light for underground mining to continue, he said.

    tsx:csunderground mining
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