Western Copper permit denial raises questions about Yukon's permitting process

摘要

The Carmacks copper project in the Yukon looked primed for development, with owner Western Copper (wrn-t) awaiting just one permit. But now that permit has been denied, after the territorial Water Board decided the company failed to prove the proposed leaching, detoxification, and discharge processes would work. The news left Western Copper's share price bleeding for a week, falling 67 cents or 35% over five days to 1.24 dollars.