Close X
Thursday, November 28, 2024
ADVT 
National

Company Suspends Operations At Mount Polley Mine Due To Declining Copper Prices

IANS, 07 Jan, 2019 11:49 PM
  • Company Suspends Operations At Mount Polley Mine Due To Declining Copper Prices


WILLIAMS LAKE, B.C. — Imperial Metals Corp. says it is suspending operations at its Mount Polley mine in south-central British Columbia due to declining copper prices.


The gold and copper mine was the site of a 2014 tailings dam collapse that was one of the largest environmental disasters in the province's history.


Imperial Metals says in a news release Monday that the suspension plan includes milling of low grade stockpiles which is expected to extend operations to the end of May 2019.


It says there will be no impact to the mine's ongoing environmental monitoring and remediation program.


The company says when the economics of mining improve full operations will resume at the mine, which is northeast of Williams Lake, B.C.


Engineers and Geoscientists B.C. announced in September that three engineers involved in the design, construction and monitoring of the tailings storage facility that collapsed will face disciplinary hearings next year.

MORE National ARTICLES

B.C. Ferry Crew Plucks Boater From Sinking Vessel Off Vancouver Island

B.C. ferry crew members helped save a life Monday evening as they rescued a man from his storm-tossed, sinking pleasure boat.

B.C. Ferry Crew Plucks Boater From Sinking Vessel Off Vancouver Island

Chrystia Freeland Says Corners Could Not Be Cut With U.S. Arrest Request Of Huawei Exec

Foreign Affairs Minister Chrystia Freeland says cutting corners to avoid arresting a Chinese executive at the request of the Americans simply was not an option to avoid a difficult political situation.

Chrystia Freeland Says Corners Could Not Be Cut With U.S. Arrest Request Of Huawei Exec

'Are We Going To Play?' Alberta Boy With Rare Illness No Big Deal For Classmates

ONOWAY, Alta. — Four-year-old Porter Stanley has some new pals at preschool.

'Are We Going To Play?' Alberta Boy With Rare Illness No Big Deal For Classmates

Canada's Robust Credit Rating Should Calm Unease About Federal Deficits: Trudeau

Canada's Robust Credit Rating Should Calm Unease About Federal Deficits: Trudeau
Prime Minister Justin Trudeau recommends any Canadians worried about his government's deficits to look at the country's strong standing with international credit-rating agencies for reassurance.

Canada's Robust Credit Rating Should Calm Unease About Federal Deficits: Trudeau

Those Who Resisted Legal Pot Now 'Caught Flat Footed' On Supply, Says Trudeau

Those Who Resisted Legal Pot Now 'Caught Flat Footed' On Supply, Says Trudeau
The shortages have been most pronounced in Ontario, forcing that province to limit the number of licenced pot dispensaries that will be opened in the spring.    

Those Who Resisted Legal Pot Now 'Caught Flat Footed' On Supply, Says Trudeau

Justin Trudeau Rules Out Snap Election Call, National Ballot Slated For Oct. 21

Justin Trudeau Rules Out Snap Election Call, National Ballot Slated For Oct. 21
Prime Minister Justin Trudeau says there will be no early election call.

Justin Trudeau Rules Out Snap Election Call, National Ballot Slated For Oct. 21