Corporate Member Profile
Corporate Member Profile:
BacTech is a pioneering environmental company that has developed and commercilized a proprietary technology to remediate highly toxic tailing areas resulting from abandoned mining operations. Bioleaching is the use of naturally-occurring bacteria in stainless steel bioreactor tanks to neutralize contaminants found in highly acidic mine waste.
The bacteria used in BacTech's patented bioleaching technology are harmless to both humans and the environment. Under optimal conditions, they oxidize the contained sulphides and separate metal from difficult-to-process tailings. In the process, toxic elements such as arsenic are stabilized. The byproducts of bioleaching are benign and zero environmental damage occurs as a result of the process. An added bonus is its ability to recover valuable metals such as gold, silver, cobalt and nickel that remain in the tailings.
For our first Canadian project in Snow Lake, Manitoba, BacTech is working with the local community and First Nations to ensure that the environmnetal and economic benefits are distributed equitably. BacTech is also currently in the process of becoming a certified B Corporation.
5 Important things you should know about us!:
1) BacTech Environmental was created in 2010 following completion of a Plan of Arrangement originated by BacTech Mining Corporation (now called REBgold)
2) REBgold was originally responsible for the development and commercialization of the patented BACOX bioleaching technology
3) REBgold has previously built 3 bioleaching plants; 2 in Australia and 1 in China
4) BacTech Environmental has been granted a perpetual, exclusive license from REBgold to use the BACOX technology for the remediation and reclamation of highly toxic tailings and waste rock resulting from abandoned mining operations
5) BacTech is crowdfunding for a tailings remediation project in Bolivia
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