Reuters | VANCOUVER |
Aug 8 A massive waste spill at a gold and copper mine in British Columbia could delay, or even derail, other energy and mining projects planned in the famously “green” West Coast Canadian province.
The breach of a dam holding back a huge pond of tailings, or waste materials, at Imperial Metals Corp’s Mount Polley mine in the province’s Interior region sent billions of gallons of gray sludge containing metals and minerals coursing into waterways early this week. On Tuesday, the miner’s stock plunged 40 percent in reaction.
The disastrous spill comes as a raft of government and industry-backed resource developments already face increased scrutiny from aboriginal groups and environmentalists, who worry that their risks may outweigh their rewards.