Taseko Mines Heads to Federal Court Over Mine Rejection

Taseko Mines Ltd. (TSX:TKO) will head to Federal Court on Wednesday to argue against the federal government for derailing its BC copper project.

As quoted in the press release:

Taseko claims it was the only logical course of action. The Vancouver-based miner says it has evidence of actual malfeasance by federal officials, including secret meetings with opponents of the $1.5-billion New Prosperity project that could have swung Ottawa’s decision.

The project has been controversial for many years. Taseko’s first Prosperity mine proposal was approved by the British Columbia government in 2010, but rejected by Ottawa later that year. It cited environmental concerns over Taseko’s plan to drain the nearby Fish Lake.

Click here to read the Taseko Mines Ltd. (TSX:TKO) press release