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Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

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

Comment by PieEconomicson Jan 11, 2024 12:36am
115 Views
Post# 35820754

RE:RE:Florence expected to become the primary source of copper...

RE:RE:Florence expected to become the primary source of copper...

Stuart McDonald, President and CEO of Taseko, commented, "The strong finish to 2023 is expected to continue in 2024 as the Gibraltar pit will remain the main source of ore for the first half of this year."

So that leaves Florence as the only other possibility as the main source of ore for the second half of the year. If, for  example, they inject acid into the ore on March 1, 2024, it may be ready to pull up as pure copper as soon as June 1, 2024, with the soaking period now able to be reduced from 1 year to only 90 days.

 
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