WABUSH, N.L. - The Labrador mining town of Wabush is in for a much-needed economic boost as one of Canada's largest iron ore mines restarts production next year.
Premier Dwight Ball was in Wabush today to announce the official reopening of the Scully mine, with hiring for 260 new jobs to begin over the next few weeks.
Hundreds of people lost their jobs when Cliffs Natural Resources closed the Scully mine in 2014 after almost 50 years in operation.
Minnesota-based Tacora Resources Inc. bought the mine and its assets in July 2017.
Tacora CEO Larry Lehtinen says production is expected to restart in June 2019.
Lehtinen says 100 per cent of the mine's iron ore product is already sold for the next 15 years, and he estimated an operating life of at least 25 years.
The Canadian Press