Zijin Mining to take 9.9% stake in Montage Gold
As part of the deal, the Lundin Family Trust also agreed increase its stake in the company from 17.7% to 19.9%.
A tailings berm breached during the Mount Polley mine disaster has yet to be repaired to the point it can withstand the arrival of water coming from melting snow this coming spring, according to a November 24 progress report from the Ministry of Environment.That’s just one of the more than a dozen items the government said must be completed to ensure human health and environmental safety goals are met in the short term.
In early August, a tailings pond breach at Imperial Metals’ (TSX:III) Mount Polley sent 17 million cubic metres of water gushing through the Cariboo region.
In a letter addressed to Mount Polley Mining Corporation, the Ministry of Environment said it’s also awaiting plans for a fish control structure for Polley Lake and plans to mitigate windblown dust from the tailings storage facility.
