LAST BUT NOT LEAST — Formosa served closure order

The Oregon Department of Geology and Mineral Resources has issued Formosa Resources (VSE) a closure order for the Silver Butte base metal mine near Riddle.

The order was issued pending the company posting a $480,000 reclamation bond. Formosa was also requested to address certain waste disposal requirements and other environmental concerns.

The company is forming a plan of action to deal with the order.

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