Articles for tag: 74m, approves, borrowing, cleanup, court, Eagle, fund, Yukon

December 16, 2024

Ron Finklestien

mining

Court Greenlights $74 Million Loan for Yukon Eagle Mine Remediation Efforts

Victoria Gold Faces Severe Environmental and Financial Challenges The site is currently facing significant challenges due to temporary containment ponds holding 309,000 cubic meters of contaminated water nearing capacity. According to a PwC update on November 29, these storage constraints will continue until regulators approve the discharge of treated water. Progress on Water Treatment Plant Underway Upgrades to the water treatment plant are ongoing, with final laboratory tests in progress to confirm compliance. PwC reported, “We are working to ensure continuous operation through the winter,” emphasizing the urgency as icy weather approaches. In its update regarding the receivership, PwC noted

March 19, 2024

Ron Finklestien

mining

Rebuttal Unveiled: Teck Denies Allegations on Elk Valley Cleanup Costs

Long-Standing Selenium Woes Haunt Teck For Teck, the specter of selenium – a naturally occurring fish-toxic element – seeping from waste rock piles surrounding its coal mines has lingered ominously for decades. The repercussions of this environmental hazard are grave yet multifaceted. Teck Counters Accusations In response to Reuters, Teck vehemently disputed the estimates put forth by Wildsight, dismissing them as flawed and incongruent with British Columbia government guidelines. Dale Steeves, Teck’s director of stakeholder relations, stood by the company’s assertions, highlighting discrepancies in the calculations proposed by the environmental group. Financial Figures under Scrutiny The report, authored by consulting