A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
- Copper producer Taseko Mines announced on Monday that the company received approvals for $100 million in additional funding for its Florence Copper project in Arizona, USA.
According to Taseko, upon closing and satisfaction of conditions precedent, proceeds from these project level financings will be available to Florence Copper to fund the construction and development of the commercial production facility. “Florence Copper will supply 85 million pounds of copper, now defined a critical material by the Department of Energy, to the US domestic market. With the permitting process complete and these new financings expected to close in the coming months, we can now begin construction of the commercial facility at Florence.”
Florence Copper, an in-situ copper recovery project located in Arizona, USA, is the next copper mine development for Taseko.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Feds provide funding for 43 supportive housing units in TorontoThe federal government has provided funding to build 43 new supportive homes in Toronto.
Read more »
SAS secures $1.2 billion from consortium led by Castlelake, Air France for restructuringExplore stories from Atlantic Canada.
Read more »
SAS secures $505 million financing to aid restructuringExplore stories from Atlantic Canada.
Read more »
Lakehead secures weekend split with 10-point win over TMULaoui Msambya and Tyler Sagl topped 20 points apiece to lead the Thunderwolves past the Bold on the road.
Read more »
Saudi Arabia and Russia to continue additional voluntary oil output cutsBoth Russia and Saudi Arabia said their cuts would be reviewed next month to consider extending, deepening or increasing it
Read more »