North: Sale of abandoned, contaminated mine site in Yukon gets go-ahead (CBC New North – May 7, 2019)

https://www.cbc.ca/news/canada/north/

Yukon Supreme Court approves Alexco/JDS Group plan to purchase Mount Nansen mine site near Carmacks

A polluted mine site that was abandoned two decades ago and once called “an embarrassment to Canada” by a Yukon Supreme Court judge, may have a new owner to clean it up.

The federal government announced Monday that Alexco/JDS Group has been approved by the Yukon Supreme Court to purchase the Mount Nansen site near Carmacks, Yukon, and remediate the site within 10 years. The purchase price has not been made public.

The federal government would oversee and pay for the cleanup work, but Alexco/JDS will do the job and then own the site. It’s a similar arrangement to what the company has at Yukon’s Keno Hill district.

“That’s where the, I guess where the concept, if you will, probably originally came from — was the success of the Keno Hill agreement that we have in place with Canada,” said Brad Thrall, president of the Alexco Environmental Group.

Alexco now has an active exploration program at Keno Hill, but Thrall said it’s too soon to say what will come of Mount Nansen. “We will own the claims, and we’ll have all the rights of exploration. We don’t have any exploration plans at this time, but again … we are essentially purchasing the claims,” he said.

For the rest of this article: https://www.cbc.ca/news/canada/north/mount-nansen-mine-cleanup-sale-1.5126480

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