Copper $ 5.6358 / lb 2.72%
Brent Crude Oil $ 104.4 / bbl -4.21%
Palladium $ 1496.5 / ozt 5.39%
Crude Oil $ 101.85 / bbl -3.06%
Natural Gas $ 2.89 / Btu 0.10%
Silver Futures $ 75.495 / ozt 7.47%
Aluminum Futures $ 3314.25 / ton -1.21%
Micro Gold Futures $ 4713.1 / ozt 3.80%
Micro Silver Futures $ 75.48 / ozt 7.54%
Platinum $ 1973.85 / ozt 4.22%
Gold Futures $ 4713.3 / ozt 3.84%
Go to MDC Markets

Taseko files lawsuit against Ottawa over B.C. gold and copper mine decision

Times Colonist | February 14, 2016 | 2:06 pm Base Metals Precious Metals Copper Gold 
Image courtesy of Taseko Mines.

Taseko Mines Ltd. (TSX: TKO) is suing the federal government in B.C. Supreme Court and seeking unspecified compensation for a 2014 decision that blocked development of a proposed $1.5 billion gold and copper deposit.

The Vancouver-based company claims that the government and its agents — including the environment minister at the time — failed to meet their legal duties to Taseko when they blocked the New Prosperity project.

Taseko also alleges, among other things, that its property was effectively expropriated without compensation when a federal cabinet decision on Feb. 25, 2014, made its mineral rights essentially worthless.

Read more

Comments

No comments found.

More News

{{ commodity.name }}