Taskeo Mines Faces The First Nations Factor

The recent article in the Vancouver Sun regarding the land conflict between First Nations and Taseko Mines Ltd. clearly illustrates the impact that social, political, and environmental factors can have on a company. Social and environmental issues have come into the spotlight even more in recent times and have consequently played more of a role in the many restrictions that business’ have come to face. Due to the increasing influence of these factors in society, the government has reacted to accommodate the interests of groups like First Nations. Thus, First Nations has come to hold more power over companies like Taseko that threaten their cultural values as well as the precious ecosystem of the area. The Canadian government has declared its commitment to abiding by the interests of First Nations people and has thus placed political limitations on companies that do not stand by their principles. Though Taseko claims to have presented a comprehensive business strategy in order to avoid such social and environmental conflicts, the risks their activities pose to the values held by the aboriginal community prove to be too dangerous. Consequently, Taseko has not just had to adjust its business model to suit such external factors, but shift the location and strategy of operations entirely.

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