UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
Specialized Disclosure Report
TASEKO MINES LIMITED
(Exact name of registrant as specified in its charter)
British Columbia, Canada |
001-31965 |
Not Applicable |
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address of principal executive offices) |
Bryce Hamming, Chief Financial Officer
(778) 373-4533
(Name and telephone number, including area code, of person to contact in connection with this report)
Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:
☐ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2023.
☒ Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023.
__________
SECTION 1 CONFLICT MINERALS DISCLOSURE
Item 1.01 Conflict Minerals Disclosure and Report
Not applicable.
Item 1.02 Exhibit
Not applicable.
SECTION 2 RESOURCE EXTRACTION ISSUED DISCLOSURE
Item 2.01 Resource Extraction Issuer Disclosure and Report
Taseko Mines Limited (the "Company") is subject to Canada's Extractive Sector Transparency Measures Act ("ESTMA") as a Canadian incorporated issuer. In accordance with its obligations under ESTMA, the Company files an annual report with the Government of Canada that discloses the Company's resource extraction payments during the year (the "Annual ESTMA Report"). The United States Securities and Exchange Commission has deemed the ESTMA to be an "alternative reporting regime" for the purposes of satisfying the disclosure requirements of Rule 13q-1 of the Securities Exchange Act of 1934, as amended. Accordingly, the Company has determined to rely on the alternative reporting provision of Item 2.01 and is providing its Annual ESTMA Report for the year ended December 31, 2023 to satisfy the requirements of Item 2.01.
The Company's ESTMA report is available on the Company's website at:
https://www.tasekomines.com/_resources/investors/estma_2023.pdf
The Company's ESTMA report can also be accessed through the Government of Canada's website at:
https://natural-resources.canada.ca/our-natural-resources/minerals-mining/services-for-the-mining-industry/extractive-sector-transparency-measures-act/links-estma-reports/18198
The payment disclosure required by Form SD is included in the Annual ESTMA Report filed as Exhibit 2.01 to this Form SD.
SECTION 3 - EXHIBITS
The following exhibit is filed as part of this report.
Exhibit Number | Description | |
2.01 | Extractive Sector Transparency Measures Act - Annual Report of Taseko Mines Limited for the year ended December 31, 2023. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
DATE: June 20, 2024 |
TASEKO MINES LIMITED
By: /s/ Bryce Hamming Bryce Hamming Chief Financial Officer |
Extractive Sector Transparency Measures Act - Annual Report | ||||||
Reporting Entity Name | Taseko Mines Limited | |||||
Reporting Year | From | 01/01/2023 | To: | 12/31/2023 | Date submitted | 05/28/2024 |
Reporting Entity ESTMA Identification Number | E949556 | Original Submission Amended Report |
||||
Other Subsidiaries Included (optional field) |
||||||
For Consolidated Reports - Subsidiary Reporting Entities Included in Report: | E056237 Gibraltar Mines Ltd., E364019 Aley Corporation, E450690 Yellowhead Mining Inc., E524868 Curis Holdings (Canada) Ltd. | |||||
Not Substituted | ||||||
Attestation by Reporting Entity | ||||||
In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above. | ||||||
Full Name of Director or Officer of Reporting Entity | Bryce Hamming | Date | 05/28/2024 | |||
Position Title | Chief Financial Officer |
Extractive Sector Transparency Measures Act - Annual Report |
||||||
Reporting Year | From: | 01/01/2023 | To: | 12/31/2023 | ||
Reporting Entity Name | Taseko Mines Limited | Currency of the Report | CAD | |||
Reporting Entity ESTMA Identification Number |
E949556 | |||||
Subsidiary Reporting Entities (if necessary) | E056237 Gibraltar Mines Ltd., E364019 Aley Corporation, E450690 Yellowhead Mining Inc., E524868 Curis Holdings (Canada) Ltd. |
Payments by Payee | |||||||||||
Country | Payee Name1 | Departments, Agency, etc… within Payee that Received Payments2 |
Taxes | Royalties | Fees | Production Entitlements |
Bonuses | Dividends | Infrastructure Improvement Payments |
Total Amount paid to Payee |
Notes34 |
Canada | Government of British Columbia | - | 3,690,000 | - | 800,000 | - | - | - | - | 4,490,000 | |
Canada | Williams Lake First Nation | - | - | - | 170,000 | - | - | - | - | 170,000 | |
Canada | Xat'sull First Nation | - | - | - | 130,000 | - | - | - | 130,000 | ||
Canada | District of Clearwater | - | 50,000 | - | - | - | - | - | - | 50,000 | |
United States of America | Government of Arizona | - | - | - | 100,000 | - | - | - | 240,000 | 340,000 | |
United States of America | Pinal County | - | 130,000 | - | - | - | - | - | - | 130,000 | |
Additional Notes: | (1) All payments are reported in Canadian dollars and rounded to the nearest $10,000. Where payments were made in currencies other than Canadian dollars, the payments were translated into Canadian dollars using the average Bank of Canada exchange rate for the year of 1.3497. |
Extractive Sector Transparency Measures Act - Annual Report |
||||||
Reporting Year | From: | 01/01/2023 | To: | 12/31/2023 | ||
Reporting Entity Name | Taseko Mines Limited | Currency of the Report | CAD | |||
Reporting Entity ESTMA Identification Number |
E949556 | |||||
Subsidiary Reporting Entities (if necessary) | E056237 Gibraltar Mines Ltd., E364019 Aley Corporation, E450690 Yellowhead Mining Inc., E524868 Curis Holdings (Canada) Ltd. |
Payments by Payee | ||||||||||
Country | Project Name1 | Taxes | Royalties | Fees | Production Entitlements |
Bonuses | Dividends | Infrastructure Improvement Payments |
Total Amount paid to Payee |
Notes34 |
Canada |
Gibraltar |
3,690,000 |
- |
980,000 |
- |
- |
- |
- |
4,670,000 |
|
Canada |
Yellowhead |
50,000 |
- |
60,000 |
- |
- |
- |
- |
110,000 |
|
Canada |
Aley |
- |
- |
60,000 |
- |
- |
- |
- |
60,000 |
|
United States of America |
Florence Copper |
130,000 |
- |
100,000 |
- |
- |
- |
240,000 |
470,000 |
|
Additional Notes3: | (1) All payments are reported in Canadian dollars and rounded to the nearest $10,000. Where payments were made in currencies other than Canadian dollars, the payments were translated into Canadian dollars using the average Bank of Canada exchange rate for the year of 1.3497. |
Document Information |
12 Months Ended |
---|---|
Dec. 31, 2023 | |
Document Information: | |
Document Type | 2.01 SD |
Amendment | false |
CIK | 0000878518 |
Registrant Name | Taseko Mines Limited |
Period End Date | Dec. 31, 2023 |
Reporting Currency | CAD |
Payments, by Category - CAD ($) |
Taxes |
Fees |
Infrastructure |
Total Payments |
---|---|---|---|---|
Total | $ 3,870,000 | $ 1,200,000 | $ 240,000 | $ 5,310,000 |
Payments, by Project - 12 months ended Dec. 31, 2023 - CAD ($) |
Taxes |
Fees |
Infrastructure |
Total Payments |
---|---|---|---|---|
Total | $ 3,870,000 | $ 1,200,000 | $ 240,000 | $ 5,310,000 |
Aley | ||||
Total | 60,000 | 60,000 | ||
Florence Copper | ||||
Total | 130,000 | 100,000 | $ 240,000 | 470,000 |
Gibraltar | ||||
Total | 3,690,000 | 980,000 | 4,670,000 | |
Yellowhead | ||||
Total | $ 50,000 | $ 60,000 | $ 110,000 |
Payments, by Government - 12 months ended Dec. 31, 2023 - CAD ($) |
Taxes |
Fees |
Infrastructure |
Total Payments |
---|---|---|---|---|
Total | $ 3,870,000 | $ 1,200,000 | $ 240,000 | $ 5,310,000 |
CANADA | ||||
Total | 3,740,000 | 1,100,000 | 4,840,000 | |
CANADA | District of Clearwater | ||||
Total | 50,000 | 50,000 | ||
CANADA | Government of British Columbia | ||||
Total | 3,690,000 | 800,000 | 4,490,000 | |
CANADA | Williams Lake First Nation | ||||
Total | 170,000 | 170,000 | ||
CANADA | Xatsull First Nation | ||||
Total | 130,000 | 130,000 | ||
UNITED STATES | ||||
Total | 130,000 | 100,000 | 240,000 | 470,000 |
UNITED STATES | Government of Arizona | ||||
Total | $ 100,000 | $ 240,000 | 340,000 | |
UNITED STATES | Pinal County | ||||
Total | $ 130,000 | $ 130,000 |
Payments, Details - 12 months ended Dec. 31, 2023 - CAD ($) |
Amount |
Type |
Country |
Subnat. Juris. |
Govt. |
Project |
Resource |
Segment |
Ext. Method |
---|---|---|---|---|---|---|---|---|---|
#: 1 | |||||||||
$ 3,690,000 | Taxes | CANADA | BRITISH COLUMBIA | Government of British Columbia | Gibraltar | Copper | Mining Operations | Open Pit | |
#: 2 | |||||||||
680,000 | Fees | CANADA | BRITISH COLUMBIA | Government of British Columbia | Gibraltar | Copper | Mining Operations | Open Pit | |
#: 3 | |||||||||
170,000 | Fees | CANADA | BRITISH COLUMBIA | Williams Lake First Nation | Gibraltar | Copper | Mining Operations | Open Pit | |
#: 4 | |||||||||
130,000 | Fees | CANADA | BRITISH COLUMBIA | Xatsull First Nation | Gibraltar | Copper | Mining Operations | Open Pit | |
#: 5 | |||||||||
60,000 | Fees | CANADA | BRITISH COLUMBIA | Government of British Columbia | Yellowhead | Copper | Mining Development | Open Pit | |
#: 6 | |||||||||
50,000 | Taxes | CANADA | BRITISH COLUMBIA | District of Clearwater | Yellowhead | Copper | Mining Development | Open Pit | |
#: 7 | |||||||||
60,000 | Fees | CANADA | BRITISH COLUMBIA | Government of British Columbia | Aley | Niobium | Mining Development | Open Pit | |
#: 8 | |||||||||
240,000 | Infrastructure | UNITED STATES | ARIZONA | Government of Arizona | Florence Copper | Copper | Mining Development | Well | |
#: 9 | |||||||||
100,000 | Fees | UNITED STATES | ARIZONA | Government of Arizona | Florence Copper | Copper | Mining Development | Well | |
#: 10 | |||||||||
$ 130,000 | Taxes | UNITED STATES | ARIZONA | Pinal County | Florence Copper | Copper | Mining Development | Well |