Canadian base metals producer Taseko Mines (TSX:TKO) has come out with a new resource estimate at its Aley niobium project in northern BC.
Taseko Mines Ltd. (TSX: TKO) has filed suit against Vancouver’s Western Canada Wilderness Committee (WCWC) and its outreach director, Sven Biggs, for defamation regarding the mining company’s New Prosperity copper-gold project near Williams Lake.
The native group opposing the Prosperity Mine in northern British Columbia has little faith in the just-launched federal environmental review of the project, CTV News reports.
Taseko Mines on Wednesday announced it is going ahead with its Gibraltar capital program and is planning to spend $134 million to complete the project by the end of this year. The investment will increase Taseko's share of copper production capacity to 140 million pounds per year. Taseko owns 75% of Gibraltar, located in British Columbia.
An angry dispute over a proposed massive gold and copper mine in B.C.'s central Interior has set off duelling requests for court injunctions against the opponents.
Pro-and anti-mining forces are clashing once again over a proposed copper-gold mine in northern BC.
On Monday Taseko Mines, the proponent of the New Prosperity mining project, said it has started legal action against people it alleges have obstructed preparations at the minesite.
In response, the Tsilhqot’in Nation filed an injunction against the company "to halt its plans for extensive road-building, drilling, excavation of test pits, and timber clearing in support of its unprecedented and controversial resubmitted bid for approval of its soundly rejected Prosperity Mine project," the Tsilhqot’in, which represents six First Nations, stated in a press release.
Taseko Mines (TSE:TKO) estimates its proposed New Prosperity copper-gold mine would generate $9.8 billion in tax revenues for the federal and BC government over the next 20 years.
The Vancouver-based company is taking another run at developing the $1.5-billion project after the federal government rejected it last fall.
The gold- copper project in northern British Columbia raised the ire of environmentalists and First Nations groups for the proposed destruction of a lake to be used as a tailings impoundment. A provincial environmental assessment process had approved the project, but the federal government’s own review rejected it last November.
First nations leaders say the are experiencing an unsettling sense of déja vu as they resume the fight against a massive gold mining project in British Columbia that was rejected by the federal government last year after a scathing environmental assessment.
Taseko Mines announces first quarter earnings of $5.7 million, or $0.03 per share. Adjusted earnings1 were $10.8 million, or $0.06 per share, a 48% increase over the $7.3 million reported in the first quarter of 2010.
Ausenco has been awarded a contract to manage the C$237 million expansion of the Gilbraltar copper-molybdenum project in Canada for Taseko Mine. Ausenco’s Minerals & Metals business will manage on an EPCM basis the Gibraltar Development Plan 3 (GDP3) expansion, which will include the construction of a 30,000 t/d concentrator to complement the existing, currently operating, 55,000 t/d facility.
Taseko Mines has implemented plans to increase mine production at its flagship Gibraltar Mine to 180,000 pounds of copper and one million pounds of moly annually.
The chief of the Canadian First Nation at the centre of the controversial Prosperity Mine in north-central British Columbia lashed out at the company Thursday over its attempt to renew the project. Canada News Wire reports: Taseko Mine's Limited is playing …
Taseko Mines submitted a new plan for its Prosperity project on Monday, saying it has addressed environmental concerns that saw its last plan rejected by the Canadian federal government.
Taseko Mines is adding capacity to its Gibraltar Copper Mine in north-central British Columbia.
The company stated Wednesday that its board of directors has approved construction of 30,000 tpd concentrator to complement the existing 55,000 tpd facility. The second concentrator will triple the mine's production capacity from 60 million to 180 million pounds per year.
The group says the mine in British Columbia produced more than 90m pounds of copper in 2010 and that this number will increase once a bottleneck in the ore feed system is cleared Taseko Mines (TKO.TO: Quote) said on Wednesday that its Gibraltar mine in
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.