Agnico Eagle expands stake in First Nordic to 13%
First Nordic is finalizing its acquisition of the Oijärvi gold project in Finland.
Australian mining tycoon Clive Palmer will be mounting a High Court challenge against the Government’s carbon tax, he told ABC News’ 7.30 Report.
According to Palmer, the legislation is “unconstitutional” and “discriminatory” against his company Queensland Nickel.
In the interview, the magnate said Australia’s carbon tax, due to start on July 1, was a “joke” adding that his company was getting less compensation under it than rivals BHP Billiton and Glencore.
”You can’t treat citizens that way,” he said. ”You can’t discriminate. I guess a company is like a person. All persons should be treated equally under the law.”
The Federal Government dismissed Palmer’s threat as an exercise in self-interest. Climate Change Minister Greg Combet said the legislation is on very firm ground constitutionally, reports The Sydney Morning Herald.
You can watch Palmer’s full TV interview here:
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