Taseko says New Prosperity Mine would pour $9.8B into gov’t coffers

 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.

The US petroleum wholesale

The US petroleum wholesale distribution industry includes about 5,700 companies with annual revenue of about $750 billion. Revenue can vary significantly from year to year with the price of crude oil. Major companies include Getty Petroleum Marketing, Global Partners, Mansfield Oil, Statoil Marketing & Trading, and World Fuel Services. The industry is concentrated: the 50 largest companies generate more than 70 percent of revenue.