Taseko forced to Abandon a new Mine Found(Class 10)

10192767Taseko Mines Ltd. stated to have found a mine in BC, which will resulted in about $1.1-billion profit, near a future tribal park. The first nations, perceiving a instinctual hatred for mining, deliberately stated the mine spot belonging to the tribal park, which shouldn’t be true. The project by Taseko was forced to be postponed due to the influence of natives.

The interpretation of first nations had an influence in Taseko’s Business Model Canvas. They stopped Taseko’s project according to the social/culture trend based their habit. And in the canvas, the project, in key activities, is forced to a stop. Therefore, Taseko turned to a new copper project in Arizona, which related loosely Taseko’s value of “focus on the operation and develop on mines in British Columbia”. However in the same time, the company do win a name of considering first nations in Canada.

In SWOT Analysis, the opportunity of the new project with tremendous profit hardly existed anymore, subject to the threat of regulation protecting first nations, as well as their culture and believe. Even when Taseko found an alternative to the park project, its future profit certainly decreased.

Photo by: Garth Lenz, a scene of Dasiqox Park with the fish pond

References: “Tsilhqot’in set to declare site of New Prosperity mine a tribal park” www.vancouversun.com <http://www.vancouversun.com/news/metro/Unilateral+park+declared+Tsilhqot+includes+Prosperity+mine/10192766/story.html?__federated=1#ixzz3FJWSPlpt> Sep 11, 2014

Work cited:

“Taseko Mines Limited”.<http://www.tasekomines.com/home> Copyright Taseko Mines Limited.

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