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Weatherly to spend US$3M on mine repair

Weatherly International (AIM:WTI) has been struggling with groundwater at its Tschudi copper mine all year, with its shares suspended and administrators taking over in recent months as things have kept going south.

Weatherly to spend US$3M on mine repair Weatherly to spend US$3M on mine repair Weatherly to spend US$3M on mine repair Weatherly to spend US$3M on mine repair Weatherly to spend US$3M on mine repair

Now add water: Tschudi's groundwater troubles came at a precarious time financially for the company

The miner has now said the Namibian project will be back in shape by December, with a US$1 million spend outlined to pump the water out of the pit, and a total spend of $3 million on a broader system