Toronto-based private-equity firm Waterton Global Resource Management is launching a proxy fight with Hudbay Minerals, pushing to overhaul the board and oust its chief executive over alleged "mismanagement."
Canadian Environment and Climate Change Minister, Catherine McKenna, said the proposed mine was not likely to have significant adverse effects if the 120 stipulated conditions were met.
The global initiative requires member countries to disclose how they allocate licences and how much they receive from the companies in tax, royalties and other contributions.