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More than 50 Employees Laid off at Minto Mine in Yukon
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.
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