Life of Troy Mine extended to 12 years

2014-02-04T18:30:00Z 2015-01-21T06:22:51Z Life of Troy Mine extended to 12 years missoulian.com

When production resumes at the Troy Mine, there will be enough reserves to keep mining for 12 years, Revett Minerals Inc. announced this week.

“We always had the vision that the Troy Mine life could be extended and would be extended beyond the amount of time that we had on the records,” said Monique Hayes, the company’s director of communications.

Revett purchased the mine near Troy in 1999 and began production in late 2004. At that time, the mine’s life was estimated at three years. In late 2012, the mine suspended operations because of rock falls and cave-ins. By then, the life of the mine had been extended to seven years, Hayes said.

Through ongoing exploration and confirmation of existing data, the life has since been extended to 12 years, which will begin when mining operations resume later this year.

“Really, I think more than anything for us, it is just to reaffirm the fact that we are still dedicated to the operation,” Hayes said, adding Revett’s dedication extends to the community.

Work is currently underway to construct a new tunnel at the Troy Mine. The route was approved by the Mine Safety and Health Administration in November.

Limited production of copper and silver is anticipated by the last quarter of this year, with full production resuming in the first half of 2015, Hayes said.

As operations amp up, so will employment numbers.

Currently, 56 people remain at work and that number could double by the end of the year as production resumes, Hayes said.

Reporter Alice Miller can be reached at 523-5251 or at alice.miller@missoulian.com.

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(4) Comments

  1. Sukey
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    Sukey - February 06, 2014 2:53 am
    That mine was first opened in the 90's, closed due to falling silver prices, re-opened when silver prices soared. In all those years, only one death. Mining is one of the most dangerous jobs on earth, along with logging and deep sea fishing. You accept the knowledge of danger when you accept the job and its rather high wages. Revett has a good reputation, the State did far worse with ASARCO. Miners make way more than cops, locally, and cops get killed on the job, also. Should we not have cops?
  2. Montana73
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    Montana73 - February 05, 2014 9:53 pm
    This is excellent news. Thanks Revett for all you have done for jobs and land stewardship in the Libby area. I have visited your Troy Mine and was truly impressed. I cannot wait to see the Rock Creek Mine come into development and production. It has been a long challenge that you faced with dignity and class. Your almost there. Looking forward to visiting again and the great, local, hardworking Montanas that make your operation award winning.
  3. YBChat
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    YBChat - February 05, 2014 9:09 am
    This mine has been subject to repeated cave-ins and rock falls through the years; one incident in 2007 killing a miner. Good luck, Revett, figuring it all out. Just stay out of the Cabinet Mountains Wilderness! We don’t need the Rock Creek mine, which the company claims would be another “environmentally benign” mine, beneath our federally protected wilderness.
  4. Sukey
    Report Abuse
    Sukey - February 05, 2014 6:15 am
    Thanks, Revett, for providing jobs, for being concerned about the safety of your employees and for being concerned about our environment, Now, go look at mining asteroids in space, I hear they are full of precious minerals.
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