December 16, 2024
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
