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Avnet Inc V.AVT


Primary Symbol: AVT

Avnet, Inc. is a global electronic component technology distributor and solutions provider. It markets, sells, and distributes electronic components from electronic component manufacturers, including semiconductors, interconnect, passive and electromechanical components, and other integrated and embedded components. Its primary operating groups include Electronic Components (EC) and Farnell. EC serves a variety of markets ranging from industrial to automotive to defense and aerospace. EC offers an array of customer support options throughout the entire product lifecycle, including turnkey and customized design, supply chain, programming, logistics and post-sales services. The Farnell operating group primarily supports lower-volume customers and distributes a portfolio of kits, tools, electronic components, industrial automation components, and test and measurement products to both engineers and entrepreneurs, through an e-commerce channel. It also distributes new product introductions.


NDAQ:AVT - Post by User

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Post by cohoeon Oct 02, 2013 3:55pm
227 Views
Post# 21785608

Thompson Creek defeats Endako legal challenge

Thompson Creek defeats Endako legal challengeFinally some light at the end of the Tunnel. IMO,This defeat of a B.C. First Nation legal challenge that is simular to Nisga's current legal challenge could be the straw that breaks the back and settles the current Nisga's case in favour of Avanti Mining Inc.

 

Thompson Creek defeats Endako legal challenge

2013-10-02 13:43 ET - Street Wire

Thompson Creek Metals Company Inc. has defeated a legal challenge brought by the Stellat'en First Nation over an expansion of the company's Endako molybdenum mine. In a unanimous decision handed down Thursday, Sept. 24, the Court of Appeal for British Columbia has found that the government made adequate efforts to consult the band about the mine expansion. The band effectively derailed that consultation process by demanding talks over decades-old events, the court has found.

The decision stems from Thompson Creek's application to build a new mill at the aging Endako mine, which is within territory the Stellat'en claims. In 2008 the company applied to clear about 300 hectares of timber and sought permits to construct a mill and associated tailings ponds, among other things. It also sought to draw more water from a nearby water body called Francois Lake.

As part of the approval process, the B.C. Ministry of Energy, Mines and Petroleum Resources attempted to consult the Stellat'en about the various permits that Thompson Creek required. The band, however, wanted to discuss more than just the mine expansion. It wanted a consultation process that included a discussion about infringements from the original mine, which was built in 1965.

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