Mining company Glamis Gold Ltd. is taking aim at tough California environmental laws by threatening to sue under an obscure provision of the North American Free Trade Agreement. Glamis says new California restrictions on open-pit mining have destroyed the value of its proposed gold mine in Imperial County.
Sponsored Results
Glamis GoldFind Bargain Prices On glamis gold.BizRate.com
These 3 Gold InvestmentsCould Make You a Fortune This Year. Free Report.www.DailyWealth.com/goldreport
Canadian gold miner Goldcorp Inc. has agreed to buy Reno-based rival Glamis Gold Ltd. in an $8.6-billion stock deal that would create one of the world's largest gold producers, the companies said Thursday.
Canadian gold miner Goldcorp Inc. has agreed to buy Reno-based rival Glamis Gold Ltd. in an $8.6-billion stock deal that would create one of the world's largest gold producers, the companies said Thursday. The new company would have proven and probable reserves of about 41.1 million ounces of gold, worth about $25 billion at current prices.
Mining company Glamis Gold Ltd. is taking aim at tough California environmental laws by threatening to sue under an obscure provision of the North American Free Trade Agreement.