Copper theft delays reopening of Gays River mine
The theft of 150 meters of copper wire from a zinc and lead mine in Gays River will delay its re-opening.
Joe Ringwald, vice president of mining at Selwyn Resources Ltd. of Vancouver, called the theft a serious setback because the wire was connected to pumps that should be draining water out of the open pit mine.
The pit needs to be drained before mining can restart, he said.
Ringwald said until the company can find new wire and install it, the process of hiring up to 130 workers is on hold.
The future is also uncertain for the 31 people already hired.
"That hiring has now been delayed. As for potential layoffs, I really can't say at this time," Ringwald said. "I'll be on site next week and be looking at the situation and will determine whether there are any cutbacks."
The plan was to re-open the mine near Shubenacadie by the spring, he said.
The company plans to recover 2.6 million metric tonnes of lead and zinc over the next three to five years.
Acadian Mining Corp. sold the property to Selwyn in June. Selwyn said it would borrow $30-million US to put the mine back into production.