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.

TSX:TKO - Post by User

Taseko Mines Ltd > Mitsui

<< Previous

Bullboard Posts

Next >>

Comment by Cognition777on Dec 23, 2022 10:16am

162 Views

Post# 35189310

RE:Mitsui

Mitsui has 3 yrs from date of production to invest additional $50M for 10% equity interest. If they do not exerice that option, then TKO can buy back the Stream agreement (no terms specified), and the Offtake is reduced to 30%.
So the only obligation by TKO is for the first 3 years, then they have an option; although the terms of that option is not clearly stated.
A softer benefit from this arrangement is that TKO clean green copper will have a path to market that is established and helps their brand with recognition and desireability.

<< Previous

Bullboard Posts

Next >>

Cannara reports record growth and profitability in Q4 2023