Taseko Comments on FlorenceThe following was taken from Taseko Mining's earnings press release issued today.
"Our Florence Copper Project continues to advance on time and on budget. Wellfield construction was completed in April and we have recently conducted a number of wellfield tests with very encouraging results that meet or exceed the bench-scale testing used for the 2017 technical report. We expect to begin injecting solutions and pre-leaching the deposit in August at the same time as we are commissioning the SX/EW plant. First cathode is anticipated before the end of December," Mr. Hallbauer added. "Development of our Florence project will come at a critical time as trade tariffs and trade disputes continue among the largest consumers of copper in the world. The USAimports approximately 600,000 metric tonnes of refined copper annually. With limited new copper production capacity expected to come on stream in the USA, Florence is an extremely valuable asset for our Company."