This article first appeared in the Halifax Examiner on February 7, 2019.
British Columbia taxpayers are on the hook for $40 million to clean up the disaster of Imperial Metals failed tailings pond at Mount Polley. Photo courtesy Cariboo Regional District.
Late last year, Nova Scotia’s Minister of Energy and Mines, Derek Mombourquette, penned an op-ed that his department sent out to the media. As I mentioned in the Halifax Examiner Morning File on January 16, 2019, the opinion piece was entitled “A little piece of Nova Scotia, everywhere,” and it claimed that the province’s mining industry was “something we can all take pride in, especially with the new Mineral Resources Act.” It would encourage “responsible mineral exploration and development” in the province.
“The new act also cuts red tape and saves industry money,” he said.
The minister went on to try to reassure readers that this did not mean the government would relinquish its duty as regulator or hesitate to stand up to industry to make sure things were done right for the citizens of the province and their descendants after the mines closed and the companies walked away from, say, toxic tailings facilities left behind at open pit gold mine sites.
“Companies that develop a mine in Nova Scotia are required to have a plan to restore the site once it closes,” wrote Mombourquette. “They must also set aside funds with the province, also called security, to do this work, even if the company goes out of business. A company’s plan will be reviewed every three years.”
Sounded promising.