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Hearing any news?
Wellfield is shut down. Gates locked.
Taseko Receives Initial Draft of Underground Injection Control Permit
Source: PR Newswire (US)
VANCOUVER, BC, Nov. 22, 2021 /PRNewswire/ - Taseko Mines Limited (TSX: TKO) (NYSE MKT: TGB) (LSE: TKO) ("Taseko" or the "Company") is pleased to announce the US Environmental Protection Agency ("EPA") has provided the Company with an initial draft of the Underground Injection Control ("UIC") Permit for its Florence Copper Project in Arizona. Taseko's project technical team will complete a review of the permit wording within the two-week allotted timeframe, following which the EPA is expected to commence a public comment period.
Stuart McDonald, President and CEO, commented, "Detailed engineering and procurement activities are well advanced, and we will be ready for construction of the commercial facility immediately upon issuance of the final UIC permit. The Florence Copper Project will have one of the smallest environmental footprints of any copper mine in the world."
Stuart McDonald
President and CEO
No regulatory authority has approved or disapproved of the information contained in this news release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This document contains "forward-looking statements" that were based on Taseko's expectations, estimates and projections as of the dates as of which those statements were made. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "outlook", "anticipate", "project", "target", "believe", "estimate", "expect", "intend", "should" and similar expressions.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These included but are not limited to:
uncertainties about the effect of COVID-19 and the response of local, provincial, federal and international governments to the threat of COVID-19 on our operations (including our suppliers, customers, supply chain, employees and contractors) and economic conditions generally and in particular with respect to the demand for copper and other metals we produce;
uncertainties and costs related to the Company's exploration and development activities, such as those associated with continuity of mineralization or determining whether mineral resources or reserves exist on a property;
uncertainties related to the accuracy of our estimates of mineral reserves, mineral resources, production rates and timing of production, future production and future cash and total costs of production and milling;
uncertainties related to feasibility studies that provide estimates of expected or anticipated costs, expenditures and economic returns from a mining project;
uncertainties related to the ability to obtain necessary licenses permits for development projects and project delays due to third party opposition;
uncertainties related to unexpected judicial or regulatory proceedings;
changes in, and the effects of, the laws, regulations and government policies affecting our exploration and development activities and mining operations, particularly laws, regulations and policies;
changes in general economic conditions, the financial markets and in the demand and market price for copper, gold and other minerals and commodities, such as diesel fuel, steel, concrete, electricity and other forms of energy, mining equipment, and fluctuations in exchange rates, particularly with respect to the value of the U.S. dollar and Canadian dollar, and the continued availability of capital and financing;
the effects of forward selling instruments to protect against fluctuations in copper prices and exchange rate movements and the risks of counterparty defaults, and mark to market risk;
the risk of inadequate insurance or inability to obtain insurance to cover mining risks;
the risk of loss of key employees; the risk of changes in accounting policies and methods we use to report our financial condition, including uncertainties associated with critical accounting assumptions and estimates;
environmental issues and liabilities associated with mining including processing and stock piling ore; and
labour strikes, work stoppages, or other interruptions to, or difficulties in, the employment of labour in markets in which we operate mines, or environmental hazards, industrial accidents or other events or occurrences, including third party interference that interrupt the production of minerals in our mines.
For further information on Taseko, investors should review the Company's annual Form 40-F filing with the United States Securities and Exchange Commission www.sec.gov and home jurisdiction filings that are available at www.sedar.com, including the "Risk Factors" included in our Annual Information Form.
? View original content:https://www.prnewswire.com/news-releases/taseko-receives-initial-draft-of-underground-injection-control-permit-301429821.html
SOURCE Taseko Mines Limited
?
Copyright 2021 PR Newswire
Timbeeeerrrrrr. IMO
Heard through the vendor rumor mill that there could even be a possibility of going underground at Smith Harris, and that they have already started leaching the old pads. Just not sure what pads they still have permits for. IMO
So? Anyone heard any details, which Leach pad are they going to? The plan with Nord was cap 1, 2 and 3 for 4, and start 5 and 6. Run of mine or build a new conveyor system. I know there's no telestacker, overland or grasshoppers. I sold them myself.
Funny, we were looking at this deposit when it was Nord right before the property became Excelsior. I'm assuming they will have to bring up the conveyor system to move the muck? Leach pad? I'd heard they let thise permits lapse. IMO.
My info was from a buddy working at the mine, but you can Google any news source. With the monsoons starting tonight, this fires ass is kicked. Cmon Twyerould, don't sound like the usual moron in the podcast tomorrow, so this doesn't drop in the .30s. I have a feeling this isn't going to be good. IMO. Of course.
Heard yesterday the fire came fairly close to the old leach pad, but wind changed direction and started heading SW from Johnson camp and Gunnison. From that info. They should be fine. It's heading more now over I10 towards the triangle T Ranch. 6800 acres and 0 containment.
Scratch that. Fire has crossed I10 and could head towards the wellfield.
Big fire near the mine. The Walnut fire. It's just west of the plant. No threat to Gunnison, but could have an affect on what little production they say they're having. Of course this management could use it as another excuse. IMO.
So? Pad 4, 5 or 6? Old school run of mine to fund the insitu issues? Rumors flying. IMO. Guess they'll have to take the green mining billboard down.
Or maybe a last ditch effort to keep it from dropping below .50
My info was strictly rumor, but a good source. Can you prove this?
So hearing 2 different stories. One, they are doing some type of microbial test that EPA approved for the CO2 issues which will take 4 months with no production.
Other story is they are flowing PLS and producing copper.
Anyone hearing anything? IMO of course.
Crazy volume and rise today. Hopefully they don't communicate like past or this will not stay consistent without a production solution.
They have to produce to have any value. Anyone heard anything?
Sorry. Just watched the conference. Sheesh
I'm thinking .41
Predictions for a bottom?
Good volume, but the way this management communicates, it's going lower than the CO2 in the wells. Ha. IMO of course.
One flaw in the article is the theory of insitu has been proven just a couple of hours from Gunnison at the Taseko Florence Copper property, which produced their 1 millionth lb of cathode at the end of 2020.
True, with all the great communication they have with their shareholders. I'm waiting for another lame covid excuse, even though every other mine in AZ is still producing.
If they are flowing to only some wells, but producing copper, why would it take a year? The tankhouse is already expanded to meet 25 million lbs per year, the ponds are in place, the piping is in place, the wells have been drilled, th electrical infrastructure is in place. All this would have to be in place to produce any amount now. Thus management is not very competent, but even with this inept executive team, it shouldn't take that long. IMO
My thoughts exactly. Some of these areas have already been core drilled. There has been numerous due diligences done when Nord Resources had the property and the property was for sale. You would think you would wait to explore new deposits on your property until you start producing the copper thats setup and ready to go on your property. Especially with the cost of non producing management. Of course IMO
And it keeps dropping. Sad.
https://www.icis.com/explore/resources/news/2020/05/08/10505527/insight-us-sulphuric-acid-yet-to-feel-supply-squeeze-despite-lower-production
Funny that Excelsior is mentioned in this article as a reason why demand is lower, but also mentions how the demand is not affected by supply. Per their graph, at a lower cost also. Now whats your excuse? IMO.
This is all steering towards the deranged business practices of the CFO. He will analyze every task to the point that it hampers production. IMO, Of course. They have no reason to not start, acid is there, employees are hurting to get back to work. Sounds like they've fixed their injection gypsum problems by consulting Florence Copper. Let's go. I'm multi year holder.
My opinion and rubberworm posted the article about it, it is and was not an issue. Acid supply and cover is on a decrease in AZ, bars, gyms, theaters are opening, so this mine not opening is strictly on this management. No reason not to get this going, they're permitted, fully funded, and no real supply issues. I would like a response from the company. This is looking shady.
The acid supply has never been an issue. All other mines in AZ have been getting their regular supply.
Whats going on here? Whats this weeks excuse? AZ is opening theaters, schools, restaurants, why won't they open this mine?
Its getting to the point that it seems like they have ulterior motives. I think the aussies always wanted to flip this. Imo
All these articles are great for copper, but does nothing unless you're producing copper.
Seems a good hire, hopefully he can tell them the acid shortage is false news and to get this going. IMO.
I thought they already laid most of the workforce off and transferred some to corporate in Phx? This place has been a revolving door since new ownership anyway.
I guess the question I have is, yes, the acid supply is being tested with Hayden shut down, but why are none of the other mines in AZ shutting down because of the supply problems? Even the other in state in situ mine at Florence is rolling along without a glitch.
Just passed the site. Looks like there's 2 drill rigs going. Anybody have any insight?
Agreed Revello. Seems Covid is being used as an excuse by piss poor management and the lack of thorough engineering which is why they're changing production plans before they're even starting production. IMO of course.
Yes, the union is on strike, but they have met and surpassed production at Mission, Silverbell and Ray. Hayden won't be coming back online for a while if at all, but the acid suppliers are still out there. Just at a higher cost per ton.
Most other mines in Arizona stayed open. Freeport furloughed some employees and most that could worked from home. Asarco did nothing, business as usual. Even though cases are on the rise, Arizona is opening up. Pretty much all business, restaurants, theaters and malls have or will be opening this week. At this point, there is no reason for Excelsior to not startup. Supply chains have not suffered at all in the industrial sector. UPS and FedEx run daily.