Ajax mine could cost hundreds of millions in lawsuits, compensation: Mining watchdog | iNFOnews | Thompson-Okanagan's News Source

Current Conditions

Mostly Cloudy

Kamloops News

Ajax mine could cost hundreds of millions in lawsuits, compensation: Mining watchdog

Image Credit: FILE PHOTO
October 21, 2016 - 11:40 AM

KAMLOOPS - A mining watchdog is warning that if the proposed Ajax Mine goes forward it could face $100 million in litigation or compensation costs.

MiningWatch Canada is suggesting KGHM Ajax could face $100 million to over $200 million in costs based on what is happening in Malartic, Que., according to a press release from the organization.

In Malartic, a class action suit was launched in August against the mine’s operator, while a compensation package program from the mining company started in September. If the same metrics are used for cases against the proposed Ajax Mine, MiningWatch Canda predicts they could face hundreds of millions of dollars in costs.

“MiningWatch bases its estimates on a 2.5 kilometre radius from the Ajax pit edge, which would include approximately 2,700 houses and 7,000 people living predominantly in the Aberdeen neighbour area,” the organization states in the press release.

The organization took the figures offered by the Malartic mining company and increased them for the increased size of the proposed Ajax Mine, environmental factors and population of the area.

MiningWatch Canada is also involved with a court case in B.C. to do with the Mount Polley Mine disaster. The organization, with the support of Kamloops groups opposed to the proposed Ajax mine and Coun. Denis Walsh, filed a private prosecution against the provincial government and Mount Polley Mine company.

Currently the proposed mine's environmental assessment application is temporarily suspended.

Find past stories on the Ajax mine here.

To contact a reporter for this story, email Brendan Kergin or call 250-819-6089 or email the editor. You can also submit photos, videos or news tips to the newsroom and be entered to win a monthly prize draw.

We welcome your comments and opinions on our stories but play nice. We won't censor or delete comments unless they contain off-topic statements or links, unnecessary vulgarity, false facts, spam or obviously fake profiles. If you have any concerns about what you see in comments, email the editor in the link above. 

News from © iNFOnews, 2016

  • Popular kamloops News
View Site in: Desktop | Mobile