Taseko Mines Shares Jump on Permit for Copper Project
September 14 2023 - 10:51AM
Dow Jones News
By Dean Seal
Shares of Taseko Mines shot upward after the company received
the permit it needed from U.S. environmental regulators for the
Florence Copper Project in Arizona.
The stock was up 19% at $1.55 in early trading. The company's
shares on the Toronto Stock Exchange were up 17% at 2.08 Canadian
dollars.
The mining company said Thursday morning that the U.S.
Environmental Protection Agency has issued a final Underground
Injection Control Permit for the Florence Copper Project.
With approvals in place from the EPA as well as the Arizona
Department of Environmental Quality, Taseko can now start
construction on the commercial production facility, Chief Executive
Stuart McDonald said.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
September 14, 2023 11:36 ET (15:36 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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