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 > Moly helps a bit more in Q1

<< Previous

Bullboard Posts

Next >>

Post by Cognition777on Feb 09, 2023 9:32pm

930 Views

Post# 35278649

Moly helps a bit more in Q1

Q3-2022 - "Molybdenum production was 324 thousand pounds in the third quarter due to lower grades. At an average molybdenum price of US$16.10 per pound, molybdenum generated a by-product credit per pound of copper produced of US$0.15 in the third quarter."

Q4-2022 - Moly production and pricing will be near the same as Q3.

Q1-2023 - half way through this current quarter, Moly price has averaged about twice the price of Q3 average, and is currently 2.5x the Q3 price. ($40.90/lb). If it stays where it is, and if we produce 324lbs of Moly in Q1 (more is anticipated), it should provide a by-product credit of about $0.35 in Q1.

<< Previous

Bullboard Posts

Next >>

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles