Cleanup of Former Gold Mine in Northwest Territories to Cost More Than $4 Billion

Cleanup of Former Gold Mine in Northwest Territories to Cost More Than $4 Billion
The Giant Mine's former mill is shown during a site surface tour of the Giant Mine Remediation Project near Yellowknife, Sept. 21, 2022. The Canadian Press/Angela Gzowski
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Cleanup of one of the most contaminated sites in Canada is estimated to cost taxpayers more than four times what was initially expected.

The Treasury Board of Canada recently approved a new $4.38-billion cost estimate for the remediation of Giant Mine, a former gold mine that operated from 1948 to 2004 within Yellowknife city limits.