Likely BC – The Vice President of Imperial Metals, Steve Robertson, says the Mt Polley mine is reopening  at about one half of the past operations.  A formal application for a modified reinstatement of the operation is being made.

The news was given to a group of towns people and workers at the mine in Likely.

The ore will come from the Cariboo pit and stock piles . Robertson says the mine won’t need the Mt Polley tailings storage facility, “as we will be using another existing storage facility, the Springer pit, as a temporary measure.”

As of this date there is not an exact number of workers who will be returning.

Speaking about the future of the industry, just as Red Chris, is set to begin operations, Robertson says the present value of the Canadian dollar “is helping us.”

“The price of diesel “he says , “one of the main costs in the mine is about to drop, and that along with the low dollar, makes us think very bullish.”

“While the price of copper  is down, we see this as a short term measure, and in the mining industry  copper looks like the place to be.”