First Quantum's $6 billion investment in the open-pit mine, where operations began in 2019, is considered the largest private investment in the Central American country.
At the heart of the case is the free entry mineral claim system that allows anyone to file a mineral claim without notifying or engaging with First Nations.
Concerned shareholders are accusing company CEO and the board of directors of enriching themselves with more than C$6 million for just seven months of service.
As much as 98% of the gold sold from areas surrounding indigenous lands in Brazil between 2018 and 2020 has indications of irregularity, according to studies.