Taseko, has filed a court action in the U.S. aimed at fending off a takeover of the company’s board of directors by a group of shareholders known collectively as Raging River Capital LP.
The B.C. government is throwing the mining industry an emergency lifeline in the form of deferred electricity bill payments that could be worth more than $300 million.
That’s five coal mines that have shut down in B.C. in the last two years, thanks to a prolonged global glut and low prices for both thermal and metallurgical coal.
