An historic mine site that has polluted the Tulsequah River for decades will finally be closed and cleaned up.
The Ministry of Energy, Mines and Low Carbon Innovation announced today that the B.C. government, Taku River Tlingit First Nation, and Teck Resources (TSX,NYSE:TECk.B) will collaborate on a mine closure and remediation plan.
Teck no longer owns the mine, but its predecessor company, Cominco, owned and operated the mine in the 1950s.
It was eventually sold to Chieftain Metals, which had tried to bring the underground copper, lead and zinc mine back into production, but ended up going bankrupt.
According to the B.C. government, Chieftain Metals still owns the mine site.
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