The Tsilhqot’in Indians’ attempt to preserve the ecosystems and natural estate of Chilcotin, the Dasiqox Tribal Park, by extending a government-protected boundary is to ultimately protect the First Nations’ heritage and the environment of B.C.; however, the implications can stunt the growth of Canadian natural resource corporations, such as Taseko Mines (Pynn). If the Indians are successful, clear-logging and extensive fishing are to be prohibited, and most importantly, Taseko Mines’ New Prosperity Mine Project will be challenged. Their new project will act as an economic stimulus by raising Canadian GDP, government revenue, and opening over 70,000 new jobs, effectively producing over 5 billion pounds of copper and over 10 million pounds of gold for the market (“New Prosperity.”) Such positive economic stimulation will also create positive market feedback.

In a PEST(LE) analysis, the major threats to this company are the political factors, ruling from government that forces Taseko to revise their operations plan to ensure the safety of the Fish Lake, and the environmental forces brought on by the First Nations. Taseko’s opportunities lie in stimulating economic growth through their contributions to the mining industry. Although the economic prosperity of a company should not be at the expense of natural environment, Chilcotin is outside the First Nations recognized treaties and the economic benefits greatly outweigh the potential cost. The First Nations need to understand the employment and economic importance of such a contribution.

Works Cited

Pynn, Larry.  “Tsilhqot’in Set To Declare Site of New Prosperity Mine A Tribal Park.”  The Vancouver Sun.

Postmedia Network Inc., 11 Sept. 2014.  Web.  4 Oct. 2014.  <http://www.vancouversun.com/

news/metro/Unilateral+park+declared+Tsilhqot+includes+Prosperity+mine/10192766/

story.html>.

“New Prosperity.”  Taseko.  Taseko Mines Limited., n.d.  Web.  4 Oct. 2014.  <http://

www.tasekomines.com/new-prosperity/ID540205>.