Taseko Mines (TSE:TKO) estimates its proposed New Prosperity copper-gold mine would generate $9.8 billion in tax revenues for the federal and BC government over the next 20 years.
The Vancouver-based company is taking another run at developing the $1.5-billion project after the federal government rejected it last fall.
The gold- copper project in northern British Columbia raised the ire of environmentalists and First Nations groups for the proposed destruction of a lake to be used as a tailings impoundment. A provincial environmental assessment process had approved the project, but the federal government’s own review rejected it last November.
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