Yukon's massive Casino mine project pushed back a year
Company took extra time to study best methods for dealing with mine waste, CEO says
The owners of the Casino mine property in Yukon say the project has been pushed back another year, as the company settles on an approach to dealing with mine waste.
That means it willbe at least three more years before construction begins on the proposed mine, according to Paul West-Sells,CEO of Western Copper and Gold, which owns the Casino site.
West-Sellssays the company took some extra time over the past year and a halfto study tailings technology and determinethe best method.
"That really took usa little bit longer than we had originally anticipated. But it was great study. And so we let it run its course," West-Sells said.
"We've always said that this is a large project,it's an important project for the Yukon. And if it takes us a little extra time to get it done right we'll take that time."
If approved, the proposed mine would be the biggest in the Yukon. The company expects to spend about $2.5 billion to get it into production. The construction phase alone could employup to 1,000 people, the company has said.
YESAB panel review
Two years ago, the Yukon Environmental and Socio-economic Assessment Board (YESAB) sent the project for a panel review, the board'shighestlevel of review. It'sthe first time that's happened in YESAB's10-year history.
The newly-announced delay means the company will deliver its "Environmental and Socio-economicStatement" to YESAB a year from now. The original timeline was for that to be prepared by the end of this year.
West-Sells says the next step is to do more engineering studies on its tailings plan. He calls it very "tried and true technology," in use elsewhere in Canada.
"But with a number of absolutely key refinements to make sure that it's absolutely the safest option for this mine and for the Yukon," he says.
If approved, construction on the proposedmine would begin in about three years, and production would begin about four years after that, West-Sells said. It would have a life span of at least 22 years, and possibly as long as 55.
With files from Sandi Coleman