All hope not lost for Wabush Mines, MHA says - Action News
Home WebMail Friday, November 22, 2024, 06:36 PM | Calgary | -11.5°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
NL

All hope not lost for Wabush Mines, MHA says

Labrador West MHA Graham Letto says the provincial government is still working to find a new operator for Wabush Mines.
Labrador West MHA Graham Letto says the government wants to encourage dialogue in hopes of finding a future buyer for Wabush Mines. (CBC)

Liberal MHA Graham Lettosays the Newfoundland and Labrador governmentis still working to find a new operator for Wabush Mines, even though talks recently collapsed.

In a news release Tuesday, LettosaiddespiteERP Compliant Fuels' attempt to purchase the closed minefrom Cliff Natural Resources, the province is still in talks to find a "successful resolution to an arrangement that may seeWabushMines reopen for business."

Letto, who represents the district of Labrador West,said the government will make sure any company interested in purchasing the mine will have all the information they need about the operation.

Wabush has been in a state of turmoil since 2014, when the mineclosed. Workers' medical benefits were reduced or cancelled.

Residents were given a glimmer of hope in April, after Virginia-basedERP Compliant Fuels submitted a bid to Cliffs Natural Resources.

It would have meant the addition of 300-400 new jobs.

The potential deal fell apart last month.