June 1, 2010 / 10:32 PM / 7 years ago

UPDATE 1-Breakwater gets approval to reopen Estatuas mine

* Says gets Chilean regulatory approval to reopen mine

* Says maintaining 2010 production guidance for Toqui

June 1 (Reuters) - Breakwater Resources Ltd BWR.TO said it received approval from Chilean regulatory officials to reopen the Estatuas mine following completion of the investigation of the fatal accident that occurred on May 1.

The Toronto-based mining company had shut its Estatuas zinc mine at the Toqui property in Chile pending a probe over the death of an employee after the accident at the mine. [ID:nN03222493]

Breakwater added that the remaining mines and mill at Toqui operated normally throughout the period that Estatuas was not in operation.

The company said it was maintaining its production guidance for Toqui for 2010. Toqui is expected to produce 23,000 tonnes of zinc for the year.

Shares of the company closed at 29.5 Canadian cents Tuesday on the Toronto Stock Exchange. (Reporting by Gowri Jayakumar in Bangalore; Editing by Maju Samuel)

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