By Mark Cowling | Casa Grande Dispatch
A group of shareholders dissatisfied with how Taseko Mines is being run — and which sees the company’s Florence Copper Project as a huge risk — hopes to gain a majority on the board of directors in a special election on May 10.
Raging River Capital LP alleges insider trading, self-dealing, conflicts of interest and anemic share performance by the current directors. It called the three directors it seeks to unseat “conflicted” and “self-interested,” and criticized their ties to Canadian mining giant Hunter Dickinson in a news release.
(Disclosure: Rose Law Group represents Southwest Value Partners, a large landowner opposed to the mine in the middle of the master planned community.)
