31
Mar
13:57
Taseko Mines announces improved economics at Florence copper project
British Columbia-based Taseko Mines is announcing improved economics for its Florence in-situ copper project in Arizona, Kallanish reports.
The project has an after-tax net present value of $930 million and an after-tax internal rate of return of 47%. The initial capital costs would be $232m. The payback period is 2.6 years. The project could operate for 22 years. It would produce 1.5 billion pounds of copper in that time. It would annually produce 85m lbs of LME …
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