Taseko Mines Ltd. Publishes Annual ESTMA Report, Reinforcing Commitment to Transparency and Accountability
- Taseko Mines Ltd. submitted its annual ESTMA report for 2024, demonstrating transparency and regulatory compliance.
- The report details significant payments, including CAD 7.24 million to British Columbia and support for First Nations communities.
- Taseko emphasizes sustainable practices and community engagement, reinforcing its commitment to transparency and accountability in mining.
Taseko Mines Ltd. Reinforces Commitment to Transparency with Annual ESTMA Report
Taseko Mines Limited strengthens its commitment to transparency by submitting its annual report under the Extractive Sector Transparency Measures Act (ESTMA) for the year ending December 31, 2024. This report, identified with the ESTMA number E949556 and submitted on May 29, 2025, consolidates financial data from multiple subsidiaries, including Gibraltar Mines Ltd., Aley Corporation, Yellowhead Mining Inc., Curis Holdings (Canada) Ltd., and Cariboo Copper Corp. The comprehensive financial disclosure reflects Taseko's adherence to regulatory standards and highlights its accountability in financial matters, a priority for the company in the mining sector.
In the report, Taseko details its substantial payments to various entities, amounting to millions of Canadian dollars. Notably, payments to the Government of British Columbia reach CAD 7,240,000, comprised of CAD 5,930,000 in taxes and CAD 1,310,000 in royalties. This contribution underscores Taseko's role as a significant economic player in the region, providing essential revenue to local and provincial governments. Furthermore, the company extends its financial impact to First Nations communities, allocating CAD 170,000 to Williams Lake First Nation and CAD 100,000 to Xats'ull First Nation, thereby fostering positive relations and supporting local development.
The report also highlights Taseko's payments outside Canada, including CAD 150,000 to the Government of Arizona and CAD 160,000 to the Town of Florence, Arizona. These payments reflect Taseko's operational footprint in the United States and its commitment to local communities where it operates. Chief Financial Officer Bryce Hamming attests to the importance of transparency in Taseko's financial dealings, emphasizing that such detailed reporting not only complies with regulatory requirements but also builds trust with stakeholders and the communities impacted by Taseko’s operations.
In addition to its financial disclosures, Taseko continues to focus on sustainable mining practices, seeking to balance economic growth with environmental stewardship. The company remains dedicated to engaging with local communities and Indigenous groups to ensure that its operations benefit all stakeholders involved. With its recent ESTMA report, Taseko Mines Ltd. not only meets regulatory expectations but also sets a precedent for transparency and accountability in the mining industry, reinforcing its position as a responsible corporate citizen.