Faro

Twenty years of mining in Faro, means billions of tax dollars for care and clean-up

Twenty years of mining in Faro, means billions of tax dollars for care and clean-up

Over a quarter of a century after the last rock truck wound its way out of the Faro mine pit, it appears a long-sought route to remediation is underway. On February 15, Canada signed a $108 million contract with Parsons Inc. for construction management and two years of care and maintenance on the Faro mine site. Parsons, one of the largest players in remediation in the world, boasts that their “contract could span over 20 years and exceed $2 billion.”