Mount Polley mine disaster a blow to First Nations cooperation on B.C. mines

The blow that the Mount Polley mine tailings-pond collapse has dealt to the confidence of B.C. First Nations in mine safety may be the biggest challenge facing the industry following the incident. Mine owner Imperial Metals Corp. experienced an immediate financial hit — its share price plummeted about 40 per cent on news of the failure and of the mine’s indefinite closure, slashing the market value of the company to $760 million from $1.26 billion before the spill.

Source: www.vancouversun.com

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