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DOJ Joins Dateline Resources' Defense, Shares Jump 25%
DOJ asks court to validate Dateline's Colosseum gold project approvals in Mojave National Preserve lawsuit. Shares rose 25% on first trading day after filing.
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The U.S. Department of Justice has weighed in on a lawsuit against Dateline Resources (ASX:DTR), telling a federal court the approvals for the company's Colosseum gold project are valid. Shares in the ASX-listed explorer jumped 25% on Monday.
The lawsuit, filed by the National Parks Conservation Association (NPCA), challenges the Trump administration's 2024 decision to greenlight work at the Colosseum project inside the Mojave National Preserve. The NPCA argues the approvals relied on outdated environmental paperwork, effectively reviving a project that had been blocked under the Biden administration.
The DOJ's involvement is unusual for an environmental administrative case. The department asked the court to uphold the approvals, citing the NPCA's own emails referencing the permits as valid rather than asking the Department of Interior to produce the original documents or apply for a grace period to reissue them, the court filing shows.