Taseko starts Yellowhead copper project talks
2020-05-28 09:37:31 [Print]
Canada's Taseko Mines has inked a deal with a British Columbia-based indigenous nation regarding the company's intentions to kick off the regulatory approval process for its Yellowhead copper project.
The agreement, the Vancouver-based miner said, represents its commitment to recognize and respect local communities' inherent rights to govern their lands.
Taseko recently completed a new development plan and updated study for Yellowhead, located 150 km northeast of Kamloops, British Columbia. The update added 100 million tons to reserves and improved the economics and pegs pre-production capital costs for an operation with a 25-year mine life at C$1.3 billion. Yellowhead now contains reserves of 817 million tonnes grading 0.29% copper equivalent (or 0.28% copper, 0.03 g/t gold and 1.3 g/t silver).
The agreement, the Vancouver-based miner said, represents its commitment to recognize and respect local communities' inherent rights to govern their lands.
Taseko recently completed a new development plan and updated study for Yellowhead, located 150 km northeast of Kamloops, British Columbia. The update added 100 million tons to reserves and improved the economics and pegs pre-production capital costs for an operation with a 25-year mine life at C$1.3 billion. Yellowhead now contains reserves of 817 million tonnes grading 0.29% copper equivalent (or 0.28% copper, 0.03 g/t gold and 1.3 g/t silver).
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