Taseko says major milestone reached with New Prosperity Project
| News |
Taseko Mines Ltd. has formally submitted its Environmental Impact Statement (EIS) for the New Prosperity Gold-Copper Project to the three-member Review Panel established for the federal environmental assessment of the project.The EIS document, which represents the core of material to be considered by the Review Panel, explains in precise scientific detail every aspect of the Company's plans to manage and minimize environmental impacts during the construction, operation, and closure of the proposed $1.1 billion gold-copper mine which would take two years to build and would operate for 20 years.
"The final steps in the federal environmental assessment process - an examination of those components of the Project that have changed or that are new from the previous project proposal - can now be undertaken," said Russell Hallbauer, President & CEO of Taseko. "We are committed to the responsible development of New Prosperity and will invest an additional $300 million to ensure the protection of Fish Lake and address concerns raised by the previous federal review panel in 2010," added Mr. Hallbauer.
"We are confident that the New Prosperity EIS represents a mine development plan that delivers considerable economic value to Canadians, while employing proven industry-leading engineering and environmental management techniques for which the British Columbia mining industry has become world-renowned," said Mr. Hallbauer.
Taseko Mines has prepared a Water Management Video and an Executive Summary, both of which are available at newprosperityproject.ca.
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