Xtract Resources' Chepica mine gets permission to restart

4th Feb 2016 11:00

(ShareCast News) - AIM-listed Xtract Resources said the processing plant at its Chepica gold and copper mine in Chile has been granted permission to restart.The diversified metals and minerals producer said the Inspector of Mines visited the mine earlier this week and found management had implemented all the required recommendations."Following a delayed visit from the Inspector of Works, the company confirms that both inspectors have now granted permission for the processing plant to restart."The processing plant was closed back in December following two fatal accidents.The accidents occurred when an individual undertaking training at the mine entered a restricted area without the necessary safety equipment for unexplained reasons.The shift supervisor attempted to rescue the individual but was also fatally injured.At 1108 GMT, Xtract shares were up 1.7% to 0.20p.