Tacora, owners of Wabush mine, seek creditor protection

The owners of the Scully Mine in Wabush, Tacora Resources, have obtained creditor protection from the Ontario Superior Court. (Ariana Kelland/CBC) The owners of the Scully Mine in Wabush, Tacora Resources, have obtained creditor protection from the Ontario Superior Court. The protection was announced on Tuesday evening in a news release. “Our financial condition has been negatively impacted by several factors and we now find ourselves facing financial obligations which we simply cannot meet,” a statement to employees of the mine obtained by CBC News reads. There are 280 unionized workers at the mine, according to United Steelworkers Union Local 6285 President Joshua Joy.

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Last updated : 11 October 2023 clock 01:28 AM

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