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Enter Symbol
or Name
USA
CA



Imperial Metals Corp (2)
Symbol III
Shares Issued 74,958,768
Close 2014-08-26 C$ 8.98
Market Cap C$ 673,129,737
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FP/CP say Imperial Metals addresses Tahltan concerns

2014-08-27 06:20 ET - In the News

The Financial Post reports in its Wednesday, Aug. 27, edition that Imperial Metals ($8.98), which suffered a tailings pond breach at its Mount Polley site in British Columbia on Aug. 4, has executed an agreement with a first nation to review the tailings facility in a separate project. A Canadian Press dispatch to the Post reports that Imperial Metals expects to open its Red Chris gold and copper mine, located in northwestern B.C., later this year. The company, however, has faced increased scrutiny since its tailings dam at its Mount Polley mine failed, releasing millions of cubic metres of waste water and silt into several lakes and rivers. Imperial Metals has signed a deal with the Tahltan Central Council that will see the company pay for an outside engineering firm, chosen by the band, to review the Red Chris tailings facility. Imperial Metals says it has agreed to respond to any issues identified by the review. A group of Tahltan members known as the Klabona Keepers had started a blockade of the Red Chris site in response to the Mount Polley spill, but a spokesman for the group says the blockade has ended with the new agreement.

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