financetom
Business
financetom
/
Business
/
Victoria Gold Provides Update on Heap Leach Facility Incident Near Eagle Gold Mine
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Victoria Gold Provides Update on Heap Leach Facility Incident Near Eagle Gold Mine
Jul 30, 2024 4:30 AM

07:01 AM EDT, 07/30/2024 (MT Newswires) -- Victoria Gold ( VITFF ) on Tuesday provided an update on the management of the heap leach facility incident that spilled harmful chemicals in the area of the Eagle Gold mine in the Yukon, Canada on June 24.

Operations remain suspended and may not restart without authorization from the Yukon director of mineral resources. Investigations are underway to determine the cause of the incident.

Victoria Gold ( VITFF ) said it conducts a job hazard analysis on site and designates certain areas as restricted zones pending the outcome of more detailed geotechnical reviews. It has also conducted a site survey to help in the assessment of the integrity of the heap leach facility embankment. There has been no significant material movement on the heap leach facility since the incident, the company said.

Victoria is actively sampling water daily from multiple sample locations at the Eagle Mine, several of which are located downstream from the location of the incident. The majority of samples tested by the company downstream of the HLF have not detected any cyanide.

The company has detected minor amounts of weak acid dissociable (WAD) cyanide in 7 of 134 samples collected as of July 23 downstream of the HLF incident in Haggart Creek. These results range from concentrations of 5.2 to 9.3 parts per billion WAD cyanide.

The Company's downstream water quality objectives pursuant to its water use license for cyanide are 5 parts per billion WAD cyanide.

To further manage contact water at the Eagle Gold mine, Victoria Gold ( VITFF ) is completing additional lined water storage on site. The company has also augmented its water treatment capacity on site, including piping modifications, additional tankage and a new reverse osmosis plant.

The company continues to liaise with the government of Yukon, the First Nation of Nacho Nyak Dun, the village of Mayo, the Yukon Workers' Safety and Compensation Board and other regulatory authorities.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan is a test case for Trump's tariff deals. But talks may be tortuous
Japan is a test case for Trump's tariff deals. But talks may be tortuous
May 25, 2025
TOKYO/WASHINGTON (Reuters) -When Tokyo's top trade negotiator met U.S. President Donald Trump for tariff talks at the White House earlier this month, he presented him with a gold-coloured piggy bank.     One detail, seemingly unnoticed by those in the room, is that the gift was made in China, the focal point for Trump's sweeping trade war that has engulfed Japan...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Toyota considers investing in potential $42 billion buyout of key supplier
Toyota considers investing in potential $42 billion buyout of key supplier
May 25, 2025
By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) -Toyota Motor ( TM ) said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries ( TYIDF ) - a buyout that reportedly could cost $42 billion. We are currently exploring various possibilities, including partial investment, the automaker said in a filing with the...
Toyota considers investing in potential $42 billion buyout of key supplier
Toyota considers investing in potential $42 billion buyout of key supplier
May 25, 2025
By Maki Shiraki and Makiko Yamazaki TOKYO, April 27 (Reuters) - Toyota Motor ( TM ) said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries ( TYIDF ) - a buyout that reportedly could cost $42 billion. We are currently exploring various possibilities, including partial investment, the automaker said in a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved