Taseko Mines Ltd T.TKO

Alternate Symbol(s): TGB

Metals & Mining Copper

Taseko Mines Limited is a Canada-based copper focused mining company. The Company's principal assets are the 100% owned Gibraltar mine (Gibraltar), which is located in central British Columbia and is one of the largest copper mines in North America and the Florence Copper project, which is under construction. The Company also owns the Yellowhead copper, New Prosperity gold-copper, and Aley niobium projects. The Florence Copper project is located south of Phoenix in the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola region of British Columbia, approximately 150 kilometers (km) northeast of Kamloops near the town of Vavenby. The Aley niobium project is located in northeast British Columbia. The New Prosperity property is located in south-central British Columbia and hosts one of the most significant copper and gold deposits in Canada. It is also located in an area of cultural significance to the Tsilhqot'in Nation, known as Teztan Biny and Nabas.

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Taseko Mines Ltd

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Comment by goldylocks1on Sep 20, 2010 11:59am

470 Views

Post# 17468933

RE: Taseko to raise $300 million

I agree, I'm curious to know why they want so much money. They did, however, mention that they are not committed to this option and will only resort to it if it makes the most sense. I think it will help because it gives them a little leverage when in discussions with possible partners because they can always walk away if the deal is not right for Taseko. Options are always good to have so im happy with the news. Just adding a safety net .

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