Listen Live
Listen Live
Listen Live

Battle for New Prosperity continues as company deals with court matters, layoffs, and falling copper prices

Court battles, layoffs, and the falling price of copper has done little to dampen Taseko’s bid for the proposed New Prosperity Mine.

Brian Battison, VP of Corporate Affairs for Taseko, says the gold and copper will be built; it’s just a matter of time when.

“A deposit like this is rare in the world; it’s the largest undeveloped gold-copper deposit in Canada.”

“It will surely be built into a mine one day. It’s too valuable to British Columbia, it’s too valuable in fact to Canada for those minerals to just lay in the ground and not be used to benefit the lives of people here in the province.”

Battison also says that the provincial government made the right choice in extending the mine’s Environmental Assessment Certificate.

“It’s kind of a routine course of action when an Environmental Assessment Certificate is granted to a project.”

“If that project to substantially start construction in the first 5 years through no fault of its’ own, there’s provision in the law for a 5-year extension of the certificate.”

Criticism and allegations from an environmental group over the proposed New Prosperity Mine saw Taseko presenting a lawsuit in BC Supreme Court on Monday.

Battison says the lawsuit was launched after the Wilderness Committee claimed during a 2012 public comment period that the mine could destroy Fish Lake.

“They had put together some publications that contained some false information, some malicious and defamatory information in fact about Taseko and the New Prosperity.”

“In our opinion the publication was libelous and we asked them to correct the record and cease to making false statements. They declined to do that.”

The proposed mine was undergoing a federal environmental assessment at the time the comments were made.

The National Campaign Director of the Wilderness Committee says that the group’s statements outlined damage it perceives the New Property mine would wreak on the environment before the proceedings began.

The proposed gold and copper mine, which would be located 125 kilometers southwest of Williams Lake has been rejected twice by a federal environmental assessment panel.

45 employees and 20 contractors at Taseko’s Gibraltar Mines meanwhile received layoff notices on Monday due to copper prices that have sunk to a five and a half year low.

Something going on in the Cariboo you think people should know about?
Send us a news tip by emailing [email protected].

Rebecca Dyok
Rebecca Dyok
News Reporter/Anchor who loves the Cariboo and coffee (lots of it).If you have any news tips or story ideas you would like to share I can be reached at [email protected]

Continue Reading

ckbx Now playing play

cffm Now playing play

ckcq Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Cariboo can expect a seasonal normal cooler temperatures and rain in first week of November

Envrionment Canada's forecast is predicting cloudy days with some rain during the first week of the new month with cooler nights. But meteorologists say that that's the seasonal norms for November in the Cariboo.

MLAs and stakeholders trying to find a way to revitalize railway corridor

MLAs across the province's regions met for a round table during September's UBCM conference in Victoria to gather ideas on a potential revitalization of the rail corridor between Squamish and 100 Mile House. There is another meeting set for November 26.

Clocks “fall back” an hour this weekend as daylight time ends

Clocks are set to “fall back” across much of Canada this weekend, as daylight time ends at 2 a.m. on Sunday, Nov. 2. The post Clocks “fall back” an hour this weekend as daylight time ends appeared first on AM 1150.

KIJHL Weeks 5 & 6: Quesnel wins one while away; Mustangs clean sweep; and the Wranglers tumble again

Week 5 and 6 in the KIJHL have wrapped up. Here is how the games played out.

Investigation underway into the death of a Quesnel man

 The Independent Investigations Office of B.C. (IIO) is looking into the death of a Quesnel man.
- Advertisement -