Why did Giant Mine Yellowknife close?
The discovery led to a massive post-war staking boom in Yellowknife. Giant Mine entered production in 1948 and ceased operations in 2004. When Royal Oak went bankrupt in 1999 the Department of Indian Affairs and Northern Development (DIAND) took over responsibility for cleaning up the Giant mine site.
Who owned Giant Mine?
Royal Oak Resources Ltd.
In 1990, Royal Oak Resources Ltd. purchased Giant Mine, and formed Royal Oak Mines Inc. In May 1992, the local branch of the Canadian Association of Smelter and Allied Workers at Giant Mine went on strike. In September, during ongoing labour unrest, a deliberately ignited underground explosion killed nine.
Why does Yellowknife have arsenic?
Past gold mining activities released naturally occurring and man-made arsenic into the soil and water near Yellowknife.
What is mined in Yellowknife?
List of mines in the Northwest Territories
| Mine | Major commodities | Closest town |
|---|---|---|
| Beaulieu Mine | Gold | Yellowknife |
| Burwash Mine | Gold | Yellowknife |
| Camlaren Mine | Gold | Yellowknife |
| Cantung Mine | Tungsten | Tungsten |
What is the Giant Mine remediation project?
The Giant Mine Remediation Project addresses the long-term containment and management of the arsenic trioxide waste, the demolition and removal of all buildings on the surface, and the remediation of surface areas including the tailings ponds at the former Giant Mine site in Yellowknife.
Can you swim in Yellowknife?
Based on currently available data, most of the lakes near Yellowknife, Ndilǫ and Dettah remain safe for recreational and traditional use such as swimming, boating and fishing.
Does Nunavut have gold?
Nunavut currently has three working gold mines, and an iron ore mine. The territory’s estimated 2020 mineral production is a little more than half Nunavut’s, at $1.15 billion, a 25 per cent decline from 2019.
Who bought Echo Bay Mines?
Kinross Gold
TORONTO (CBS.MW) – Kinross Gold said Monday it’s buying Echo Bay Mines, TVX Gold and part of a Newmont Mining joint venture for $1.7 billion to create one of the world’s 10 largest gold producers.
How much arsenic trioxide is in Giant Mine?
There are 11 chambers and five mined out stopes at Giant Mine, built for the purpose of storing waste. Fourteen of these contain a total of approximately 237,000 tonnes of arsenic trioxide waste. The current storage of arsenic trioxide underground at Giant Mine is safe.
What is Giant Mine like?
This is a 900-hectare maze of dusty tailings ponds, yawning open pits, poisoned water, toxic soil and decaying buildings full of arsenic. This is Giant Mine. Photos by Matt Jacques.
What is happening with the Giant mine remediation project?
In 2007, the Giant Mine Remediation Project’s application for a water licence to remediate the site was referred to Environmental Assessment. Since the Environmental Assessment was completed in 2014, the project team has been working toward resubmitting its application to the Mackenzie Valley Land and Water Board.
Who owns iron bridge magnetite mine?
Iron Bridge Magnetite Project The Iron Bridge project is a magnetite mine in Western Australia. It is owned by a joint venture (JV) between FMG Fortescue (69%) and Formosa Steel (31%).
How did Giant Mine become the bedrock of the city?
The population swelled, and when men returned from the war in 1944, the extent of the potential development at Giant Mine ramped the excitement up further. Digging through the bedrock for gold, the mines themselves became the bedrock of the city.