“At this early stage, it may be confirmed that there was some harm to infrastructure and a portion of the failure has left containment,” Victoria mentioned. “There have been no accidents to personnel related to the incident.”
Shares in Victoria Gold plunged 85% to C$1.05 apiece in Toronto on Tuesday, valuing the corporate at C$73.1 million. They’ve traded as excessive as C$9.45 over the previous 52 weeks.
Satellite tv for pc photos
The failure is 1.3 km lengthy, in response to satellite tv for pc photos by San Francisco-based Planet Labs proven by The Landslide Weblog, a world chief in landslide evaluation.
“Judging by the satellite tv for pc picture, the landslide is massive – about 1,430 metres from crown to toe (alongside the landslide observe) and a most of about 370 metres broad,” blogger Dave Petley says in a posting that compares earlier than and after satellite tv for pc images.
Petley, vice-chancellor of the College of Hull in the UK, is well known as a world knowledgeable within the examine and administration of landslides, in response to Eos. It’s a science web site that carries the weblog and is run by the American Geophysical Union in Washington, D.C.
Yukon’s Division of Power, Mines and Sources mentioned by e-mail on Tuesday its officers will examine the accident.
The first leaching pad can accommodate as a lot as 90 million tonnes of ore, in response to a Victoria Gold technical report. The pad is situated about 1.2 km north of the primary Eagle zone orebody.
Native issues
The First Nation of Na-Cho Nyäk Dun (FNNND) mentioned in an announcement posted on Fb that it’s deeply involved concerning the heap leach failure and landslide at Eagle and the “doubtlessly important and far-reaching environmental impacts” to water, fish and wildlife within the space. Eagle is situated on FNNND conventional territory.
“This can be a deeply critical incident and we’re monitoring it intently, with our workers on the bottom and with our companions in public authorities,” FNNND Chief Dawna Hope mentioned. “Our first precedence is to reduce the impacts on our lands, waters and wildlife in addition to on FNNND and another affected First Nations. We’ll then search to know how and why this occurred.”
The Northern Miner has requested additional remark from Victoria and from the Yukon authorities. The corporate cancelled an look on the Yukon Mining Funding Convention in Dawson Metropolis Monday.
The mine produced 1.9 million tonnes within the first quarter for 29,580 oz. of gold; and eight.5 million tonnes in 2023 for 166,730 ounces.
About 500 individuals work at Eagle, not together with contractors and consultants.