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 > Derivatives boost

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Comment by Cognition777on Jul 10, 2023 11:12am

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Post# 35533586

RE:RE:Derivatives boost

derivatives are an asset and are valued on the last day of the quarter, then shown in comparison to the value gained/lost since the previous quarter. It's only a paper gain/loss but it is part of each quarter's income statement nonetheless.
copper price dropped about 30 cents between end of March and end of June. That's where I suggest the paper gain will look nice on Q2 report.

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