With Taseko focusing its vitality on development and allowing the Florence copper challenge in Arizona, the corporate stated it isn’t able to advance Concord for a number of years.
“JDS Power and Mining has a confirmed observe report of growing mineral initiatives, and this transaction construction permits Taseko to take part of their success and create worth from this asset within the near-term,” stated president and CEO Stuart McDonald in a information launch.
“With our engineering, allowing and mine development experience, we consider we will advance this challenge and create vital worth for all stakeholders,” added JDS CEO Jeff Stibbard.
(This text first appeared in The Northern Miner)