04:25:09 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Taseko Mines Ltd
Symbol TKO
Shares Issued 195,000,455
Close 2014-09-30 C$ 1.90
Market Cap C$ 370,500,865
Recent Sedar Documents

Van Sun says Taseko heads to Federal Court on Oct. 22

2014-10-01 09:49 ET - In the News

The Vancouver Sun reports in its Wednesday edition Taseko Mines, which has spent $130-million over more than two decades in an unsuccessful attempt to win approval for a $1.5-billion gold and copper mine near Williams Lake, thinks the federal environmental review process was unfair, and it wants to sue the government. The Sun's Don Cayo writes Taseko already has two judicial review applications before the Federal Court, one challenging the basis of the environmental review panel's negative assessment of its project, and the other asking that the court set aside the federal cabinet's rejection. It has filed papers asking the court's approval to roll both these actions into a civil suit seeking unspecified financial compensation as well as costs. The company needs the permission of the court to proceed with a civil action against the federal government. Taseko claims "misfeasance" -- acts that are legal, but done improperly -- by public officials. It says the federally appointed environmental review panel accepted incorrect facts, some of which were submitted very late in the process. It says the federal government overstepped its jurisdiction in making its ruling. Federal Court will hear arguments on Oct. 22.

© 2024 Canjex Publishing Ltd. All rights reserved.