| Engineering probe finds flawed design caused Canada tailing dam collapse | |
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VANCOUVER, Jan 30 (Reuters) - A massive spill from a dam containing mine waste in British Columbia last August was caused by a flawed design for the embankment, which did not properly account for the geology of the region, an independent panel said on Friday. The investigation by the three-member engineering panel found that the breach, which sent billions of gallons of wastewater and sludge coursing into a fish-bearing creek, was a result of a failure in the foundation of the tailing dam embankment. "We concluded the dominant contribution to the failure resides in the design," panel chair Norbert Morgenstern said at a press conference. "The design did not take into account the complexity of the sub glacial and pre-glacial geological environment associated with the perimeter embankment foundation." The mine is owned by Vancouver-based Imperial Metals Inc . (Reporting by Julie Gordon in Vancouver and Susan Taylor in Toronto, editing by G Crosse)
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Imperial Metals Corp
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PRODUCER |
CODE : III.TO |
ISIN : CA4528921022 |
CUSIP : 452892102 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Imperial is a zinc and lead producing company based in Canada. Imperial produces zinc, lead, copper, diamonds, gold, molybdenum and silver in Canada, develops copper and gold in Canada, and holds various exploration projects in Canada. Its main assets in production are HUCKLEBERRY, MOUNT POLLEY, PORCHER ISLAND and STERLING in Canada, its main asset in development is RED CHRIS in Canada and its main exploration properties are BEAR, NAK, SHERATON-TIMMINS, ROBB LAKE, LJ, KNEB, GHOST PROPERTY, INDATA, WASI CREEK, GIANT COPPER, RUDDOCK CREEK, CATFACE, BALDWIN-MCVICAR, THE CENTURY and FANDORA in Canada. Imperial is listed in Canada and in United States of America. Its market capitalisation is CA$ 199.3 millions as of today (US$ 159.4 millions, € 139.6 millions). Its stock quote reached its lowest recent point on November 29, 2002 at CA$ 0.15, and its highest recent level on July 17, 2015 at CA$ 9.98. Imperial has 93 590 000 shares outstanding. |