Hecla Mining Co HL

Na-Cho Nyäk Dun - "Shut down all mining activity"

[HuskySW]

Yukon First Nation is calling for a "urgent" halt to all mining activities on their land in the wake of a slide at the Eagle gold mine near Mayo.

Saw this coming, just the tip of the problems and increased oversight moving forward.   It shouldn't come as shock that both private and public stakeholders are going to be queried for what like years?

Right now the way I see it all mines (operational and exploration) are under what may well end up as a a stop work order.  While I do understand that the region is not under how does one phrase this "complete jurisdiction" by First Nations they certainly do have enough "clout" to raise rightous hell to damage on their traditional grounds.  Rightfully so.  imo  Obviously HL Keno operations fall into their territory and yet I have not seen one news release on this from HL.  It's like the entire mining community is waiting for VG "water results".   That is only part of the story if anyone thinks this is "just a cleanup act" and lets repair this is in for a imo surprise.  Right now I would bet the VG lawyers are preparing for what could be years of litigation by groups that are yet to be revealed.

https://www.ctvnews.ca/business/2024/7/4/first-nation-seeks-halt-to-yukon-mining-after-failure-at-gold-mi.html

https://www.msn.com/en-ca/news/canada/yukon-first-nation-calls-to-shut-down-all-mining-activity-on-their-land-following-eagle-mine-slide/ar-BB1pmwEV

I will not put my ususal "best" and "it's only money" here except to say firstly I hope the "water results" come back clean.

[roberto146]

An overview of why (especially) USA companies have been leaving Canada. This has been gradually happening for probably 40 or 50 yearsl but has become dramatically higher in recent years. We have almost no manufacturing any more, all the manufacturing facilities have been either abandoned, torn down, or converted into condos. When I worked in manufacturing, there were many 'branch-plant'

[HuskySW]

Canada is the backyard  "inventory" of the USA..   That has it's good points but certainly can present challenges.  I can't even talk about lumber without thnking what the h*ll is Canfor up too.  Maybe Pattison wants it for cheap... lol The TMX was a build nightmare to the point where KM said frack this. There where ppl chaining  themselves to