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Ajax is owned by Poland-based KGHM (80 per cent) and Vancouver-based Abacus Mining and Exploration Corp. (20 per cent), “We decided that the smaller mines do not fit in our portfolio. It seems that now is an ideal time to sell,” Pawel Gruza, KGHM’’s vice-president in charge of foreign assets, said in a news conference, as reported by Reuters. The company plans to reinvest the proceeds in its domestic operations in Poland. KGHM, among the world’s largest copper and silver producers, has mining operations in Europe, North America and South America. With over 38 million tonnes of copper ore resources worldwide, is one of the world’s biggest copper and silver producers. The Polish government owns 32 per cent of KGHM. ....
The proposed Ajax mine site, owned by Polish state-owned company KGHM (80 per cent) and Vancouver-based Abacus Mining and Exploration Corp. (20 per cent), is also the site of the former Afton mine, from which the effluent is now entering Peterson Creek. The organization said the letter from the ministry states the review of the discharge permit “is on our list of projects and we will be getting to it in the new year.” On Nov. 25, Environment Ministry Deputy Minister said permit review will include consultation with Indigenous nations, local governments and stewardship groups such as the Kamloops Area Preservation Association. “We applaud the B.C. government’s positive response to our request. This is exactly the kind of Christmas present we were hoping for,” KAPA chair Paula Pick said in a release. “Effluent from the Ajax mine site has been leaching into the groundwater associated with Peterson Creek for over 30 years and no monitoring of groundwater co ....