Taseko Mines to Acquire Curis Resources, Florence Copper Project

The Globe and Mail reported that Canada’s Taseko Mines (TSX:TKO) intends to purchase Curis Resources, largely to get at Curis’s Florence copper project in Arizona. Both companies are associated with Vancouver based Hunter Dickinson mining group.

As quoted in the publication:

Taseko, whose New Prosperity copper and gold project in British Columbia was turned down earlier this year by the Canadian government, said the Florence project will help “strengthen” its near-term development pipeline. “Florence adds diversity to our pipeline of development projects,” said Taseko chief executive Russell Hallbauer in a statement, adding that the Vancouver-based company should be able to manage funding for the $210-million project through to production.

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