Aug 14, 2024
A gold company operating in Yukon says the territorial government is applying to the courts to appoint a receiver to take over its operations.
Victoria Gold Corp. has been in the news since June 24 after a massive landslide at its Eagle Gold Mine allowed cyanide and other chemicals to spill into nearby waterways.
The company, based in British Columbia, issued a statement on Wednesday saying it was “served with an application by the Yukon Government (the “Application”) seeking, among other things, the appointment of a receiver over the Company and its property and related relief.