Florence Copper is owned by Taseko Mines Ltd., a publicly traded mining company headquartered in Vancouver, British Columbia, Canada. Once final permits are issued, Taseko Mines will spend approximately $232 million dollars to build the Florence Copper project.
Taseko’s expertise is in mine development and operation, primarily copper. The Company is the 87.5% owner and operator of the Gibraltar Mine located in central British Columbia, the second largest copper mine in Canada, and fourth largest in North America. Currently, there are approximately 700 employees working at Gibraltar.
Built in 1971-72, Gibraltar has operated almost continually for some 40 years. Taseko acquired Gibraltar in 2004 and since 2006 has invested $700 million in modernizing the facility, enhancing its competitiveness and extending its mine life.
As a company, Taseko is proud of its commitment to environmental protection and honored to have received a number of awards for its work at Gibraltar including the 2012 Metal Mine Reclamation Award presented by British Columbia Technical and Research Committee on Reclamation and the 2013 Mining & Sustainability Award from the Government of British Columbia and the Mining Association of British Columbia.
In addition to award-winning environmental standards, Gibraltar continues to serve as the standard for how mining can introduce much-needed stimulus to a local economy and can secure long-term employment opportunities for local people.
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