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 > Stuart MacDonald interview

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Comment by JCSunsfanon Dec 02, 2020 4:31pm

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Post# 32020870

RE:Stuart MacDonald interview

Just the EV portion of TESLA is projected to need 90 million pounds of copper a year.

https://midasletter.com/2020/01/copper-how-teslas-biggest-ingredient-could-make-you-rich-in-2020/

Let's say that Tesla is going to pay 3.50 usd a pound on the open market. Thats a $315 million USD cost. So a 20% stake in Florence would give them 16 million pounds a year at $1.10 instead of $3.50. That's a $40 million savings. A company like Tesla would recoup that investment in 2.5-3 years.

My guess is that if the JV partner is this type of company (even if not Tesla) then they are trying to negotiate for as large a stake as they can in the company.

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