Loading ...The Casino project in the Canadian Yukon Territory passed a major milestone last Thursday with the announcement that the project will move to a higher level of environmental assessment.
In a press conference, Yukon Environmental and Socio-economic Assessment Board (YESAB) said it will send the copper-gold project, considered to be Yukon’s largest mine, for its highest level of review. It’s the first time that has happened in the 10 years the board has been in existence, CBC News reports. A panel consisting of YESAB members will evaluate the mine’s impacts on caribou, as well as its tailings and waste management plans.
Owned by Casino Mining Corporation, a subsidiary of Western Copper and Gold (TSX:WRN), the Casino mine is expected to produce over 400,000 ounces of gold per year and more than 200 million pounds of copper. Molybdenum and gold-silver doré bars would also be produced. Concentrates would be trucked to the port of Skagway, Alaska for ocean shipment. Up to 1,000 jobs would be filled at peak construction and the mine would employ about 600 people during its 22-year life, according to the company’s project page.
more http://www.mining.com/huge-yukon-copper-gold-mine-heads-to-environmental-review/