More companies seeking compensation from BC uranium mining ban
Two days after the BC government compensated Boss Mining $30 million for expropriating its mining claims near Kelowna as part of a province-wide uranium mining ban in 2008, another company is pursuing a cash settlement.
BIV reports that International Montoro Resources (CVE:IMT) is proceeding with its claim against the BC government for expropriating its Cup Lake-Donen uranium deposit in April 2008. The company is seeking $2 million for its properties after sinking $2 million into the ground says BIV.