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Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

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.


TSX:TKO - Post by User

Post by goldennorthon Mar 21, 2024 6:25pm
204 Views
Post# 35946000

Strong Demand Road Ahead For Copper

Strong Demand Road Ahead For CopperCopper price resumes rally as Fed rate signals boost industrial metals

"The metal has gained more than 10% over the past six weeks, boosted by supply risks, along with a generally more positive global economic outlook. Open-interest, or the number of outstanding contracts, for copper on the Shanghai Futures Exchange has soared to a record of more than 500,000 since last week as investors increased bullish bets."


https://www.mining.com/web/copper-price-resumes-rally-as-fed-rate-signals-boost-industrial-metals/

"For 2024, the company expects global consumption to rise to 28 million tons, with worldwide demand bouncing to 38 million tons by 2032."

"The oncoming energy transition to lower carbon emissions could boost copper’s demand significantly in the long term."


Copper Price Forecast 2024, 2025, 2030: Is Red Metal Set for New Record High?

 
https://www.techopedia.com/copper-price-forecast


1: Map of Taseko mines. Source: web
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