Victoria Gold halts production at Yukon Gold mine after a reported landslide

Victoria Gold Corp. has halted operations at its Eagle gold mine in central Yukon after a landslide reportedly hit the site on Monday.

Whitehorse-based Victoria Gold said in a statement on Monday evening that its heap leach pad processing facility had failed, and that it had suspended production. The company said that nobody was hurt, but it did not say what caused the incident.John Thompson, a spokesperson with Yukon’s Department of Energy, Mines and Resources, said in an e-mail to The Globe and Mail that natural resources staff will be investigating the incident.

Eagle started production in 2019. It produced just under 30,000 ounces of gold in the first quarter. Victoria Gold has a market value of just under $500-million.The power of gold: For many South Asian women, it’s much more than jewelleryThe power of gold: For many South Asian women, it’s much more than jewellery

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