Cost for remediations could be over $500 million
Remediation of the Faro Mine could begin in 2022 and could cost more than $500 million.
Both the federal and Yukon Governments are consuting on the mines closure plan.
The closure could take up to 15 years to complete as there are millions of tonnes of waste rock and tailing which need to be addressed.
There is roughly 320 million tonnes of waste rock and 70 million tonnes of tailings.
Yet before work can begin, the north fork of Rose Creek needs to be rerouted as zinc from waste rock is seeping into the creek.
And the intermediate tailings dam needs strengthening to meet regulations and withstand flooding and earthquakes.