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 > copper update

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Comment by Rational43on Jan 07, 2021 11:52am

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Post# 32242412

RE:copper update

Thing is, copper in the ground ain't worth much. There's 2.1 Billion Tons of Copper in the ground, most of it worth about 1 cent a lb.

Its copper brought to the surface economically that is worth something. If you can't monetize copper in the ground when times are good, then you have to take on massive debt, and give away a lot of the copper in the ground just to bring a little more topside.

Gotta have the copper in the ground, and the infrastructure, money, and management to bring it up to trade it for 3.70 per lb, less processing and refining charges.

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