THE GLOBE AND MAIL | It’s time to put a price on the risk of mining disasters

(Opinion by Christopher Ragan, director of Max Bell School of Public Policy, McGill University.) 

Four years ago, the Mount Polley disaster reminded us that mining comes with risks. On Aug. 4, 2014, a tailings dam at Imperial Metals’ Mount Polley copper and gold mine ruptured, spilling 24 million cubic metres of water and tailings into several lakes and rivers in British Columbia’s Interior. It was the largest tailings-dam rupture in Canadian history.

The best way to minimize the hazards of mining isn’t simply to reject every mining project. The resource sector is an important part of the Canadian economy and mining firms already take risk management seriously. Events such as Mount Polley are the exception, not the rule. Read more.