The company announced that operations have resumed after the Manitoba government’s Mine Safety Branch granted the company permission to resume.
A major reason the company shut down its mine operations was the company’s decision to stop using mining contractors and to staff mine operations with Crowflight’s own crews, according to Crowflight CFO and corporate secretary Derek Liu. Under resumed operations, he said, Crowflight is no longer using contractors.
“We have new equipment and our own mining crews,” he said. “We’re doing the mining by ourselves now.”
Liu said the mine’s production capacity is 1,000 tonnes of nickel per day and Crowflight expects to be producing 800 tonnes of nickel a day within three months.
At press time, Crowflight’s stock was up $0.01 to $0.09. Its 52-week high was $0.21 and low was $0.045.