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Temporary shutdown.


Matheson's Glimmer Gold Mine temporarily shut down May 10 while the company restructures and searches for additional investment for a drilling program. Management of the joint-venture partnership between Exall and Glimmer Resources Inc. say the current mineable resources are depleted de·plete  
tr.v. de·plet·ed, de·plet·ing, de·pletes
To decrease the fullness of; use up or empty out.



[Latin d
 and they are discussing financing options with a number of interested parties. The mine employs between 75 and 80 people. Mine officials hope to resume operations in the near future but gave no specific timelines This article or section contains self-references.

For other uses of "Timeline", see Timeline (disambiguation).
The following is an index of timelines found on Wikipedia.
.
COPYRIGHT 2001 Laurentian Business Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Matheson's Glimmer Gold Mine
Publication:Northern Ontario Business
Article Type:Brief Article
Geographic Code:1CONT
Date:Jun 1, 2001
Words:75
Previous Article:Record earnings.(Goldcorp Inc.)(Brief Article)
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