Faro Mine Remediation Project

Rank 2025

93

Image Credit: PSPC

Industry Sector: Other

Project Type: Remediation

Project Value: $700 million

Funding Source: Public

Federal Funding: $700 million

Province: Yukon

City / Region: Faro

Estimated End Date of Substantial Completion: 2039

Faro Mine is a former open-pit lead-zinc mine, one of the largest of its kind in the world at approximately 25 square kilometres. It is located in south-central Yukon on the traditional territory of the Kaska Nations, near the town of Faro. Abandoned in 1998, resource extraction led to 70 million tonnes of tailings and 320 million tonnes of waste rock. Care and maintenance work since then has helped to ensure water quality so that environmental standards are met. Active remediation is expected to begin in 2025 following the successful completion of the Yukon environmental and socio-economic assessment process, and receipt of a water licence from the Yukon Water Board. Remediation is expected to take about 15 years to complete, followed by ongoing testing, maintenance operations and monitoring to make any needed improvements to the site.

Project Owner: Government of Canada

Engineer: Remediation Design Engineer: AECOM Canada Ltd.

Project/Construction Manager: Construction and Care and Maintenance Manager: Parsons Inc.

Other Key Players: Ensero Solutions Canada Inc. (environmental monitor); CH2M Hill Canada Ltd. (water treatment plant designer), Tetra Tech Canada Inc., WSP (geotechnical); Golder (WSP) (environmental assessment/regulatory support services); Tiree/Colliers Project Leaders (performance management services and contaminated site project valuation); Victaulic (supplier); AGAT Labs; McElhanney (site surveyor); KPMG

2024 Rank: 83

2023 Rank: 79

2022 Rank: 92

2021 Rank: 86