Faro Mine: News Archives

New Care and Maintenance Contract Awarded
July 29, 2008

Denison Environmental Services (DES) has been awarded the new contract to take over care and maintenance responsibilities at the Faro Mine Complex. DES was the successful bidder in an open and competitive public tender process overseen by the Yukon government.

The three-year, $7.2 million per annum contract will provide care and maintenance services at the Faro Mine Complex. This will include the ongoing collection and treatment of contaminated water, management of uncontaminated runoff, inspection and maintenance of dams and diversion channels, water quality monitoring, general maintenance, and site security. The contract also includes provisions for training and employment opportunities for affected First Nations and Yukoners.

Canadian based, Denison Environmental Services will take over care and maintenance services at the site beginning March 2009, after a transition period with Deloitte and Touche Inc., the court appointed Interim Receiver who managed care and maintenance at the site for the past 10 years.

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