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Panel ruling shakes B.C. miners (The Globe and Mail)

by NationTalk on September 18, 20071133 Views

Panel ruling shakes B.C. miners
Rejection of plan for Northgate mine a blow to sector on the rebound

WENDY STUECK
00:00 EDT Tuesday, September 18, 2007

VANCOUVER — A government panel has agreed with aboriginal opposition and threatened to block a proposed copper-gold project in northern British Columbia, raising worries that the mining industry’s comeback in the province could be jeopardized by uncertainty over land claims and other native concerns.

In a decision released yesterday, a federal-provincial panel concluded the project proposed by Northgate Minerals Corp. would not be – in its present form – in the public interest. It also noted that native groups remain steadfastly opposed, despite the potential for jobs and payments of $1-million a year over the life of the Kemess North project.

http://www.globeinvestor.com/servlet/story/GAM.20070918.RMINING18/GIStory/

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