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KLONDEX MINES LTD. T.KDX

"Klondex Mines Ltd is a gold and silver producer engaged in exploration, development, and production of its properties. The company has interests in three mineral properties: the Fire Creek Mine, and the Midas Mine and ore milling facility, both of which are located in the state of Nevada, USA, and the True North Gold Mine (formerly the Rice Lake Mine) and mill in Manitoba, Canada. The revenue of the company is generated from the sale of gold and silver."


TSX:KDX - Post by User

Post by diceroll777on Mar 26, 2018 6:34am
292 Views
Post# 27779684

yep

yep

BILLINGS – Hecla Mining Co. sued Montana environmental regulators on Friday for deeming the company and its president as “bad actors” who should pay for cleanups at several polluted sites before pursuing two new mines. 

Attorneys for three Hecla subsidiaries described the state’s allegation that the company is responsible for ongoing pollution from several defunct mines as frivolous. 

Coeur d’Alene-based Hecla had no direct involvement in the polluted mines at issue. 

But its president, Phillips Baker Jr., who also chairs the National Mining Association, was formerly the chief financial officer for Pegasus Mining Co., of Spokane. 

Pegasus’ 1998 bankruptcy left state and federal agencies on the hook for pollution cleanups at its Montana mines, including the Zortman-Landusky gold mine on the edge of the Fort Belknap Indian Reservation. Ongoing cleanup work at the shuttered sites has cost about an estimated $100 million to date, and bonds put up by Pegasus covered only a portion of the bill.

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