Copper discovered on the Florence Copper site after a geologist from American Smelting & Refining Co. (ASARCO) sees evidence of mineralization on nearby Poston Butte Mountain.
Timeline of Florence Copper
Timeline
Continental Oil Company (Conoco) investigates developing the Florence Copper deposit using traditional mining methods, constructing two 700-foot shafts and one mile of underground cross-cuts (horizontal tunnels). On-site testing shows the deposit’s unique hydrogeological conditions make traditional mining unfeasible.
1992 to 1996: Florence Copper property acquired by Magma Copper Company. Magma evaluates potential for in-situ copper recovery (ISCR) operations.
1996 to 1998: Magma acquired by BHP Copper. BHP conducts geological and hydrological test work and initiates an ISCR pilot test, including installation of 67 injection, production and monitoring wells. ISCR is proven to be safe and effective.
2000: BHP defers mining operations due to low metal prices. Property acquired by Merrill Ranch Investments LLC.
2009-2010: Mineral exploration and development company Curis Resources acquires the Florence Copper property. A project team is assembled to advance the project toward development.
2011-2014: Curis undertakes engineering programs, environmental studies, and community engagement in support of project permitting.
2014: Curis acquired by Vancouver-based copper miner Taseko Mines Limited.
2014-2017: Florence Copper team advances federal and state permitting for ISCR project.
2017: Construction of Production Test Facility (PTF) begins.
2019: Florence Copper PTF achieves first copper cathode production using ISCR.
2019-2023: Over one million pounds of copper cathode produced under PTF. Advanced permitting of commercial facilities continues.
2023: Major permits finalized, and preparation for construction of commercial operations begins.
2025: Construction of commercial production facilities finalized, and commercial wellfield operations commenced.
