Companies Still Trying to Find a Way to Make Galore Creek Work
By 250 News
Friday, May 30, 2008 04:00 AM

Prince George, B.C. –The companies behind the Galore Creek mine are still working on that mega project, trying to come up with a plan that would allow the Northwest B.C. project to go forward.
Nova Gold and Teck Cominco shelved the development of the mine last fall when construction costs ballooned from $2 billion to an estimated $5 billion dollars.
“We do intend to have two or three different options that will be whittled down to one and then a feasibility study will be done” says Rhylin Bailie, spokesperson for Nova Gold. The main reason for the escalation of the costs was the development of a tailings pond. “We are looking at two main ideas” says Bailie, “one would keep the tailings in the Galore Creek valley where there is lots of precipitation and divert that water around the pond. The other would have the tailings pond moved out of the Valley where there is less precipitation.”
Bailie is not able to say how long it would take to complete a feasibility study once an option has been selected but says it is likely new permits would have to be issued “We would have to have new permits for some sections as they weren’t part of the original proposal.”
She expects there will be a final decision this fall on which option should be followed. She is not able to speculate on how long a feasibility study might take and consequently when a decision to resume construction could be made.
The shelving of the project last November meant 400 people were pulled off the construction of the mine. The shelving of the project also brought to an end plans to extend the electrical grid up highway 37 as the companies behind Galore Creek had agreed to share the cost with the Province.
The Province has maintained it is still willing to move forward on the extension of the power lines, but only if there is a private partner that is willing to share the expense
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