Taseko to revamp Prosperity Mine proposal

B.C.-based Taseko Mines will submit a new proposal for the Prosperity gold and copper mine southwest of Williams Lake once it has studied the reasons its original plan was rejected, the company says..

CEO Russell Hallbauer agrees the project should meet tough environmental standards and says the company will work to address green issues.

Prosperity Mine was touted as an $800-million project that would create 700 jobs in the Williams Lake region, which has been hit hard by the pine beetle epidemic and the economic downturn in the forest industry.