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Faro Mine: Monthly Archives - September 2007

UPDATE: Future Care & Maintenance
September 27, 2007

Responsibility for care and maintenance at the Faro Mine complex will shift to the Yukon and federal governments when the court-appointed Interim Receiver leaves the site, which is expected by February 2009.

The governments are working with the Interim Receiver to ensure that an orderly and efficient transfer of responsibility is achieved, with the high level of environmental protection under current care and maintenance maintained.

As part of the transition to government responsibility, there will be the selection of a new contractor to take over care and maintenance at the site, including maintaining current standards of environmental and human health protection.

The future care and maintenance contract will be administered by the Yukon government, with funding provided by the Government of Canada. This phase of care and maintenance will last from 2009 until implementation of a final closure and remediation plan, currently estimated to be 2012.

The process to find a new care and maintenance contractor has started, using an open and transparent process. In mid-August the first of a two phase process began with the posting of a Request for Qualifications (RFQ). This will be followed later in the fall by a Request for Proposals (RFP). We anticipate the contract will be awarded in 2008.

Click here to see the full September 2007 Faro Mine Closure UPDATE newsletter, Issue #3.

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