Metals miner Taseko Mines is preparing for a nearly fourfold increase in its copper production by the middle of the decade, as the Vancouver-based company advances plans to add 285-million pounds a year of the metal from planned mines in the US and Canada.
Taseko’s 70%-owned Gibraltar mine, British Columbia produced 160-million pounds of copper last year, and by 2025, the company will be producing close to 390-million pounds a year from its North American mines.
The miner plans to add 85-million pounds a year of copper production from its Florence project, in Arizona, by 2022 and then another 200-million pounds from Yellowhead, British Columbia, by 2025.