Industrial Minerals


Canada’s second-last asbestos mine declares bankruptcy

13 January 2012


LAB Chrysotile remains closed, sheds 350 jobs, leaving no Canada mines operational

Keywords: LAB Chrysotile, asbestos, Lac d’Amiante, Jeffrey Mine, Quebec

By MJ Deschamps, in Ottawa

 

One of Canada’s last two remaining asbestos mines has filed for bankruptcy protection, leaving no active asbestos operations in the country. 

 

The announcement by LAB Chrysotile, which operates the Lac d’Amiante mine near Thetford Mines, Québec, follows a production halt last October, which resulted in the loss of about 350 jobs for local miners.

 

“Following the cessation of production in October, LAB Chrysotile was forced to declare bankruptcy,” said the mine’s president and CEO Simon...