VANCOUVER — There haven't been many modern permitting processes that cast as large a shadow as the federal government's recent environmental rejection of Taseko Mines' (TSX: TKO; NYSE-MKT: TGB) New Prosperity open pit copper-gold mine in south-central British Columbia.
The issue is well tread by for anyone in the industry. Taseko has been attempting to develop New Prosperity for the past four years, but continues to hit permitting roadblocks revolving around nearby Fish Lake and the long term health of the dominant water system in the region.
And the battle lines were clearly drawn …
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