In 2012, an economic benefit study was completed by the University of Arizona's prestigious L. William Seidman Research Institute showing significant socio-economic benefits for Arizona, Pinal County, and the Town of Florence. An update to chapter 5 of the original study was completed in 2013 and is based on the project's Pre-Feasibility Study filed with SEDAR on March 28, 2013.
The updated socio-economic data prepared by the L. William Seidman Research Institute at Arizona State University shows:
Over the 30 year life of the project, Florence Copper represents:
Over the 30 year life of the project, Florence Copper will create and support an annual average of:
For a copy of the 2013 Florence Copper Project Supplement by the L. William Seidman Research Institute at Arizona State University, click here.
For a full copy of the original 2012 Florence Copper Project: Economic Impact Study by the L. William Seidman Research Institute at Arizona State University, click here.
To learn more about the L. William Seidman Research Institute at the W.P. Carey School of Business at Arizona State University (ASU), and the prestigious authors of this report, click here.
* 2013 Projections are based on a conservative copper price $2.75/lb
ASU's prestigious L. William Seidman Research Institute was commissioned by Florence Copper to provide an updated forecast of economic benefits for the project. utilized an Arizona-specific 2013 version of REMI, a highly sophisticated and well-respected regional input-output forecasting model, to produce numeric estimates of the benefits on the Arizona economy of economic activity such as Florence Copper in Arizona. The report utilizes data from the U.S. Bureau of Labor Statistics, the U.S. Department of Commerce, the state of Arizona, Pinal County and other official sources to compile the study.