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Bullboard - Stock Discussion Forum Imperial Metals Corp T.III

Alternate Symbol(s):  IPMLF

Imperial Metals Corporation is a Canada-based exploration, mine development and operating company. The Company’s holdings include the Mount Polley mine (100%), the Huckleberry mine (100%), the Red Chris mine (30%). The Company also holds a portfolio of about 23 greenfield exploration properties in British Columbia. The Mount Polley copper/gold mine in south-central British Columbia is owned 100... see more

TSX:III - Post Discussion

Imperial Metals Corp > Sanctions on 3 Engineers,,,,,,,,,,,,,,MT Polley dam failure
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Post by Red_Deer on Mar 15, 2022 5:29pm

Sanctions on 3 Engineers,,,,,,,,,,,,,,MT Polley dam failure

Imperial Metals sees Mount Polley engineers fined
 
2022-03-14 20:34 ET - Street Wire
 
 
 
 
by Mike Caswell
 
Engineers and Geoscientists British Columbia, regulator to the engineering profession, has imposed suspensions and sanctions totalling $226,500 against three of its members over the failure of the tailings dam at Imperial Metals Corp.'s Mount Polley mine. The three worked on the mine's dam ahead of the collapse of an embankment that led to a large release of tailings in 2014. The release generated many headlines, along with years of litigation that included a $108-million settlement with one of the engineering firms.
 
The sanctions are contained in decisions that the EGBC released on Friday, March 11. Those sanctioned include Stephen Rice, who served as the senior engineer on the project. Also penalized is Todd Martin, who had been the senior engineer in 2011 and 2012. The final penalty went to Laura Fidel, who worked as a junior engineer in 2013 and 2014. Mr. Martin settled the matter through a consent order, while the sanctions against Mr. Rice and Ms. Fidel were imposed through a disciplinary order.
Comment by wolfe1 on Mar 16, 2022 9:58pm
I have always maintained that Imperial was not primarily responsible for the failure of the Dam. When registered professionals are hired to design, oversee and direct a project they also assume the responsibility for it. Very unfortunate that this occured and the way that this unwound but good to see it is being rectified.