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MEI Online: Plant Operation News: North America: April 20th 2004


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:: Taseko: BC's Gibraltar Mine will be Restarted

The President and CEO of Vancouver-based Taseko Mines [TKO] said that operations will be restarted at the Gibraltar mine near Williams Lake, British Columbia, this summer. Gibraltar will be one of the first mine openings in central British Columbia in many years. The mine’s estimated sulphide minerals resources contain 4.7 billion pounds of copper, including measured and indicated resources. The mine plan calls for an average of 70 million pounds of copper and 700,000 pounds of molybdenum to be produced annually in concentrate plus additional 10 million pounds of copper cathode production.

Meanwhile, Gibraltar and Teck-Cominco Engineering Services (CESL) recently initiated design and engineering studies to build a hydrometallurgical copper refinery at the mine. The refinery, based on the new CESL process, would produce copper cathode from copper concentrates from the existing mining and milling operations. The process is self-contained, produces no air emissions, and is considering environmentally friendly. It also would eliminate the need to ship copper concentrates to foreign smelters, thereby reducing operating costs.

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