Canada brushes off allegations of Taseko leaks

25th November 2010 By: Reuters

OTTAWA  - Canada's Conservative government brushed off allegations on Thursday that it had leaked sensitive information about Taseko Mines Ltd three weeks before Ottawa blocked the company from opening a major mine due to environmental concerns.

The opposition Liberals, noting Taseko shares dropped by as much as 32 percent in a matter of hours on Oct. 12, said sensitive data had clearly been leaked.

But Environment Minister John Baird dismissed the charge as "pure speculation", telling the House of Commons that a damning environmental assessment into the proposed mine was widely available at the time the shares plunged.