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Prosperity mine gets a second chance

Taseko Mines Ltd. was given the green light Monday to take its proposed New Prosperity gold and copper mine through a second environmental assessment by a federal review panel.

Taseko Mines Ltd. was given the green light Monday to take its proposed New Prosperity gold and copper mine through a second environmental assessment by a federal review panel.

The $1 billion project, planned for a site near Williams Lake, was rejected by Ottawa last year after a negative environmental assessment of a plan that would have turned Fish Lake into a tailings pond.

The company has since reworked its design to save the lake at an added cost of $300 million in capital and operating expenses to the proposed mine, which was previously expected to cost about $800 million.

See the full story in tomorrow's print and online editions.