Maryland-based company forced into bankruptcy in 2001 because of asbestos-related lawsuits
The deal to refurbish Jeffrey Mine will see private investors, led by Balcorp Ltd., kick in another $25 million.
Despite Prime Minister Harper’s bombastic defence of the industry, estimates show that that the life of Quebec’s Lac d’amiante du Canada will end in 2012.
Quebec gives conditional support to asbestos mine deal
Provincial support would expand Jeffrey mine operations