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BQE Water Extends Eagle Gold Mine Treatment Role, Deepens First Nation Partnership

Story Highlights
  • BQE Water will continue operating Eagle Gold Mine’s water treatment system through early 2026, managing contaminated water volumes and ensuring effluent quality after the 2024 heap leach failure.
  • The renewed contract strengthens BQE Water’s collaboration with First Nation-owned partners, building local mine water treatment expertise while advancing design of a long-term solution for the Yukon site.
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BQE Water ( (TSE:BQE) ) has issued an announcement.

BQE Water has signed a new contract with the court-appointed receiver of Victoria Gold to operate water treatment at the Eagle Gold Mine in Yukon through the first half of 2026, maintaining the same scope of services as in 2025. The work targets management of contaminated water volumes during and after the spring freshet using the treatment system installed in 2024, with effluent quality monitored via key performance indicators proven in last year’s operations.

The company will again partner with Na-Cho Nyäk Dun Development Corporation and Big River Operations, a First Nation-owned business, deepening technical collaboration and training to build local water treatment capacity on the First Nation of Na-Cho Nyäk Dun’s traditional territory. The contract follows BQE Water’s emergency response to the 2024 cyanide heap leach failure, where it engineered and operated an interim system that safely discharged over 1 million cubic meters of treated water, and it underpins BQE’s role in designing a new long-term treatment solution for the site due in early 2026.

The most recent analyst rating on (TSE:BQE) stock is a Buy with a C$90.00 price target. To see the full list of analyst forecasts on BQE Water stock, see the TSE:BQE Stock Forecast page.

More about BQE Water

BQE Water is a Vancouver-based service provider specializing in water treatment and management for the metals mining, smelting and refining industries. The company focuses on enabling more sustainable water practices and improved project performance through proprietary treatment technologies deployed at mine sites worldwide for major clients including Glencore, Jiangxi Copper and Freeport-McMoRan.

Average Trading Volume: 1,151

Technical Sentiment Signal: Buy

Current Market Cap: C$93.46M

Learn more about BQE stock on TipRanks’ Stock Analysis page.

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