Taseko Mines Ltd T.TKO

Alternate Symbol(s): TGB

Metals & Mining Copper

Taseko Mines Limited is a Canada-based mining company. The Company is principally engaged in the production and sale of metals, as well as related activities, including mine permitting and development within the province of British Columbia, Canada and the State of Arizona, the United States. The Company’s principal property is the Gibraltar Mine, which is a copper-molybdenum mine that is located in south-central British Columbia. It also owns the Florence Copper, Yellowhead copper, New Prosperity and Aley properties. The Florence Copper property is located midway between Phoenix and Tucson near the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola area of British Columbia, approximately 150 kilometers northeast of Kamloops near Vavenby. The New Prosperity Project is a gold-copper porphyry, which is located in British Columbia. The Aley Niobium Project is located in northern British Columbia, approximately 140 kilometers north of Mackenzie.

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Taseko Mines Ltd > Mitsui

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Comment by Cognition777on Dec 23, 2022 10:16am

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Post# 35189310

RE:Mitsui

Mitsui has 3 yrs from date of production to invest additional $50M for 10% equity interest. If they do not exerice that option, then TKO can buy back the Stream agreement (no terms specified), and the Offtake is reduced to 30%.
So the only obligation by TKO is for the first 3 years, then they have an option; although the terms of that option is not clearly stated.
A softer benefit from this arrangement is that TKO clean green copper will have a path to market that is established and helps their brand with recognition and desireability.

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