WHITEHORSE — The potential sale of the Eagle Gold Mine, the site of a tailings disaster in the Yukon, has been extended by another 90 days while a Singapore-based mining investment firm continues the negotiation process.
The court-appointed receiver entered into an exclusivity agreement in April with Boroo Pte Ltd., a company that operates and develops mines, with assets in Mongolia and South America.
The Yukon government says in a statement that the exclusivity period has been extended to allow the company more time for due diligence, and to negotiate a purchase with the Yukon government and the First Nation of Na-cho Nyak Dun on key agreements required for the deal to proceed.
Boroo is a privately held investment holding company focused on operating, developing and acquiring mining properties globally.
The territorial government says in a statement that the sale of the mine and related assets would create an opportunity for it to recover the $220 million funding advanced through a receivership loan.
The mine near Mayo went into receivership shortly after a storage site that had about two-million tonnes of cyanide-tainted oar spill into the surrounding environment in June 2024.
This report by The Canadian Press was first published July 27, 2026.
