Aurizon stock slips after ‘minor’ spill

3rd May 2013 By: Henry Lazenby - Creamer Media Deputy Editor: North America

TORONTO (miningweekly.com) – The Toronto-listed shares of gold miner Aurizon Mines on Friday shed almost 12% of its value after the company reported a “minor” discharge at a tailings facility at its Casa Berardi mine, in Quebec, which reportedly spilled contaminated material into James Bay.

The company on Friday said the majority of the material that breached the internal tailings dyke was contained inside the tailings pond containment area and no further discharges into the environment had occurred.

Aurizon added the environmental authorities were no longer on site and the manual clean-up of the discharge was under way, handled by rakes and shovels, and was expected to be complete on Friday.

The company said operations were not interrupted.

The company’s stock traded as low as C$3.43 on Friday morning, before clawing its way back to C$3.75 apiece in the afternoon.