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 JCSunsfanon Dec 06, 2017 10:49am

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Post# 27100643

RE:RE:RE:Excellent new TKO presentation....

OK. I think he was talking about this little tidbit in the presentation:

Anglo American recently announced the sale of their Niobium (similar sized mine to what Aley will be) and Phosphate assets in Brazil to China Moly for US$1.7 billion

So I have a question. Why is a similar sized mine in Brazil worth so much more than one in Canada? I assume they are farther along in permitting and development. Maybe it was even a functioning mine. Anything other than that. Is the red tape so much more difficult in Canada that it would justify such a discount in price? Or are the taxes significantly different? Just curious on this one.

In the same presentation Taseko pegs the Aley pretax NPV at $860 million ($480 after taxes which is just sad). Yet a similar mine in Brazil sold for $1.7 billion. Just trying to understand the descrepancy.

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