Imperial Metals Subsidiary to Start Repair of Mount Polley Breach

Base Metals Investing

The British Columbian government announced that its chief inspector of mines has okayed an amendment to the Mount Polley Mines Corporation Mines Act.

The British Columbian government announced that its chief inspector of mines has okayed an amendment to the Mount Polley Mines Corporation Mines Act. Mount Polley Mining Corp., a subsidiary of Imperial Metals Corp. (TSX:III), is now allowed to start repairing the breach to the Mount Polley mine’s tailings storage facility.

As quoted in the press release:

The repair work is part of the long-term remediation plan for the area impacted by the Mount Polley breach. The work at the tailings storage facility will help ensure that the increased water flow from melting snow (also known as spring freshet or spring breakup) will not result in additional environmental or human health impacts.

The amendment to the mine’s permit only authorizes the company to undertake the approved breach repair work and sets out a number of conditions that must be followed by Mount Polley Mining Corporation. The amendment does not allow the mine to restart its ore processing operations.

Click here to read the full press release from the BC government.

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