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Thursday 13 September 2007

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No chance of cyanide leak at Costa Rican mine


No chance of cyanide leak at Costa Rican mine:
By Romina Maurino

TORONTO (CP) - Glencairn Gold Corp.'s chief executive said Wednesday there was "no chance of any environmental incident" at the company's Bellavista mine in Costa Rica, after its stock fell 16 per cent on environmental groups' warnings that there could be cyanide seepage and landslides.

A coalition of environmental and human rights organizations said late Tuesday it wanted Glencairn "to disclose information about suspected cyanide and metals pollution" from the mine, which the company shut down over concerns about the potential impact of ground movements in the area attributed to high levels of rainfall.

The groups, including the Interamerican Association for Environmental Defense, CEUS del Golfo, Earthworks, Friends of the Earth and MiningWatch Canada, said they are concerned about leakage following a shutdown of the mine in late July.

"At this point in time, there is no chance of any environmental incident," CEO Peter Tagliamonte said in an interview from Costa Rica, where he'd been visiting the mine.

"The risk of cyanide being injected into the environment is not there because we rinsed it out."

Tagliamonte said the company had been working from the beginning to ensure there would be no damage to the environment and has been keeping the public updated on its problems.

"It's a well-built mine and I think we took pre-emptive steps to act as prudently as we could to make sure that where was no compromise in the environment," he said.

"I feel a little bit bad that we are being attacked at this stage, because our investors took a hit because we were very proactive in ensuring that there was no environmental possibility of damage."

Glencairn stock declined three cents or 15.8 per cent to 16 cents with four million shares changing hands Wednesday on the Toronto Stock Exchange.

The environmental groups alleged nothing has been done to stop the mountain from giving way or to prevent ruptures in a liner known as geomembrane used to block cyanide from seeping into the ground.

They did not present evidence of leakage, but called on Glencairn for "cleanup and remediation of any current or future contamination," citing fears from "experts familiar with the mine" that cyanide used to extract gold could enter the environment.

Glencairn has promised to monitor earth movements and said in July that some areas of the mine were sliding one centimetre daily.

Tagliamonte said it was still to early to say when the mine would reopen, and was working "to understand the engineering mechanics and hopefully get the operation back to the level where we can make a decision to go forward."

He added that it was possible the groups just hadn't been getting all the information that Glencairn had made available to the public.

Gaston Araya, the mine's manager, said the company has been submitting monthly reports on the experts' findings. He declined to describe the findings.

Jose Castro, director of Geology and Mines for Costa Rica's Environment Department, said his office has been monitoring the mine, located in Miramar, about 100 kilometres north of San Jose.

He said there are "little problems in some parts of the mine, but not in the whole mine."

Glencairn estimates there are 365,500 ounces of mineable gold in Bellavista.
 


 

 

 

 
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