The Yukon government has filed an application to place Victoria Gold Corp. into receivership following a major environmental disaster at the company’s Eagle Gold Mine. In June 2024, a heap leach failure resulted in cyanide contamination of nearby waterways, prompting concerns about environmental damage and the company’s ability to manage the crisis. Victoria Gold intends to oppose the receivership application, asserting its ongoing efforts to address the situation. The outcome of this legal battle could have significant implications for the mining industry in Yukon and set precedents for handling similar incidents in the future.
