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TORONTO (Reuters) - A First Nation group in Canada’s British Columbia province has put top gold miner Newmont Corp on notice that it is unlikely to gain buy-in for a gold and copper project, amid concern that mining will encroach on a local town.
A mineral exploration camp is seen on Tahltan Territory in British Columbia, Canada, in this 2019 handout photo. Adam Amir/Handout via REUTERS
The pushback by the Tahltan First Nation carries extra weight due to the group’s outsized influence in its territory, in contrast to similar groups who oppose mining elsewhere.
That authority may complicate efforts by U.S.-based Newmont to develop its early-stage Tatogga project, acquired in March in a $311 million buyout of GT Gold.
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