South Crofty re-opening setback

ITRI.com reports that Western United Mines  (PINK:WEUM) has laid off a large portion of its’ staff in at the South Crofty project, because of delays from land disputes.

The story is quoted as saying:

The move follows a need to significantly reduce operating costs whilst awaiting the outcome of planning decisions and other matters concerning the relocation of the mine site. Our confidence in the resource potential of South Crofty remains undiminished and we look forward to progressing our plans for the re-establishment of production at the mine.”

To access the full story, click here.