One of the more contentious showdowns in B.C. in recent years between a First Nation and a mine developer has been neatly diffused by the B.C. government, which has swept in with $18.3 million to buy Fortune Minerals’ Arctos high-quality anthracite coal project, 100 km southeast of Iskut in northwestern B.C. The project, formerly named Mount Klappan, comprises 61 coal licences that Fortune had
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