Stockpile cover (for dust control) is being installed and completed this week as part of the new SAG mill direct feed system at the Gibraltar copper mine near Williams Lake.

Stockpile cover (for dust control) is being installed and completed this week as part of the new SAG mill direct feed system at the Gibraltar copper mine near Williams Lake.

Prosperity plan submitted; Gibraltar expansion creates jobs

Taseko Mines Ltd. hopes its new Prosperity mine proposal will be approved by the federal government.

  • May. 10, 2011 1:00 p.m.

Mining Week

Taseko Mines Ltd. hopes its new Prosperity mine proposal will be approved by the federal government.

The gold-copper project about 125 kilometres southwest of Williams Lake is being redesigned to address concerns identified during the federal review process. The company says the new plan saves Fish Lake and its adjacent habitat.

Taseko says the new proposal, which is expected to add some $300 million in construction and life-of- mine operating costs, reduces environmental impacts, preserves Fish Lake and enables all mine operations and related components to be contained within one single watershed.

The federal government asked Taseko to redesign the project and address the environmental concerns raised by the federal assessment.

Taseko is confident it can address those issues and has submitted a new project description.

The company says it was never the plan to use Fish Lake as a storage facility for tailings — Taseko’s plans have been to build a specific facility for that purpose.

Fish Lake was to be drained under the original plan. When Taseko submitted the project in 2005, long-term price projections for copper and gold were $1.50 per pound  and $550 per ounce, respectively. With those prices, Taseko says, there was no other economic way to build the mine.

Today, with long-term copper and gold prices having doubled, the project can bear the burden of the additional $300 million it costs to save the lake.

The Canadian Environmental Assessment Agency (CEAA) now has the Prosperity project description which, at this point, is considered a draft.

CEAA reviews the project description and may seek further information from Taseko. There is no fixed time limit for this.

Acceptance by CEAA that the project description as complete marks the beginning of a 90-day period within which the agency posts a Notice of Commencement (NoC) and posts the project description on its website.

Then CEAA, in discussions with other departments, the province, and First Nations, decides on the nature and type of environmental assessment process to be used.

The time it takes from this point for the federal government to complete its environmental assessment process is depends on the process selected.

 

Taseko’s Gibraltar Mine

 

Last month, Taseko announced plans to proceed with a further capacity increase at its Gibraltar Mine.

Capital costs for the project are expected to be $325 million — $235 million for the concentrator and new molybdenum plant and approximately $90 million for mining equipment.

The additional capacity will increase Gibraltar’s annual copper production by approximately 60 million pounds to 180 million pounds.

Construction will take place this month and commissioning of the new concentrator is anticipated in the fourth quarter of 2012.

An average of 200 new construction jobs over a 20-month construction period starts this spring.

There will be 350-400 on-site construction jobs at the peak of construction, which is expected to be in the later fall of 2011 and through the early months of 2012.

Once construction is complete, 140 new permanent direct jobs at the mine will be required to support the new operating facilities.

Taseko estimates that an additional 308 indirect jobs, mainly in the Cariboo central Interior, will be generated.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Cariboo North MLA Coralee Oakes shared this photo of the binders and binders of letters and paperwork she’s received on area roads in the past few years. (Submitted photo)
Cariboo MLAs call on province to fix region’s roads

Minister Rob Fleming said more resources were on the way to the region

FILE PHOTO
Second doses of COVID-19 vaccine will be available, as AstraZeneca supply runs low: Interior Health

Province expecting large volumes of Pfizer BioNTech as age-based cohort immunization program ramps up

A medical worker prepares vials of the COVID-19 vaccines, Chinese Sinopharm, left, Sputnik V, center, and Pfizer at a vaccine centre, in the Usce shopping mall in Belgrade, Serbia, Thursday, May 6, 2021. Serbian authorities are looking for incentives for people to boost vaccination that has slowed down in recent weeks amid widespread anti-vaccination and conspiracy theories in the Balkan nation. The government has also promised a payment of around 25 euros to everyone who gets vaccinated by the end of May. (AP Photo/Darko Vojinovic)
38 new COVID-19 cases, more than 335k vaccines administered in Interior Health

Interior Health also to start targeted vaccinations in high transmission neighbourhoods

Williams Lake Fire Chief Erick Peterson said his department along with other fire departments in the region will be doing some wildfire urban interface training on Sunday, May 9 in the Williams Lake area. (Monica Lamb-Yorski photo - Williams Lake Tribune)
Wildfire urban interface training slated for Williams Lake area Sunday, May 9

Williams Lake, Quesnel, Miocene and 150 Mile House fire departments participating

(The Canadian Press)
Trudeau won’t say whether Canada supports patent waiver for COVID-19 vaccines

‘Canada is at the table to help find a solution’

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

A sign indicating face coverings are required by the establishment is pictured on the front door of a business in Vancouver, B.C., Friday, April 9, 2021. COVID-19 cases have been on a steady increase in the province of British Columbia over the past week. THE CANADIAN PRESS/Jonathan Hayward
A sign indicating face coverings are required by the establishment is pictured on the front door of a business in Vancouver, B.C., Friday, April 9, 2021. COVID-19 cases have been on a steady increase in the province of British Columbia over the past week. THE CANADIAN PRESS/Jonathan Hayward
B.C. to start releasing neighbourhood-specific COVID numbers after data leak

Documents obtained by the Vancouver Sun show cases broken down by neighbourhoods

Provincial health officer Dr. Bonnie Henry and Health Minister Adrian Dix update B.C.’s COVID-19 situation at the B.C. legislature, April 29, 2021. (B.C. government)
B.C.’s COVID-19 case count creeps up, seven more deaths

445 people in hospital, 157 in intensive care

Summerland’s positive test rate is much higher than surrounding local health areas, according to internal BC CDC documents. (BC CDC)
Summerland 3rd behind Surrey, Abbotsford in daily per capita COVID-19 cases

Interior Health is rolling out additional vaccine availability to the community

Amazon is pausing its Prime Day marketing event in Canada this year amid ongoing COVID-19 outbreaks at its facilities in Ontario. THE CANADIAN PRESS/Nathan Denette
Amazon Prime Day halted in Canada due to COVID-19 outbreaks in warehouses

The event was postponed to protect the health and safety of employees and customers, the company says

Ally Thomas, 12, seen in an undated family handout photo, died on April 14 from a suspected overdose. Her family says they are frustrated more public supports weren't available when they tried to get her help. THE CANADIAN PRESS
Minister says suspected overdose death of 12-year-old pushing B.C. to ‘do better’

Minister Sheila Malcolmson of Mental Health and Addictions says the government is working ‘as hard as we can’ to build a system of care for youths

At this Highway 3 check point, police officers will be asking for identification from drivers, documentation regarding the driver’s name and address, and the purpose for the driver’s travel. (RCMP)
No fines handed out at 1st COVID-19 roadblock as checks move across B.C.

Cpl. Chris Manseau says a total of 127 vehicles were stopped at a roadblock in the Manning Park area

A spectator looks on as the Olympic Caldron is relit in downtown Vancouver, Wednesday, February 12, 2020. THE CANADIAN PRESS/Jonathan Hayward
Small majority of B.C. residents in favour of a Vancouver 2030 Olympic bid: survey

A new survey shows a split over the possibility of public money being spent to organize and host the winter games

Most Read