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 > BRIEF-Taseko Mines Says Co Acquires 100% Of Gibraltar Mine

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Comment by JCSunsfanon Mar 25, 2024 9:54am

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Post# 35950498

RE:RE:BRIEF-Taseko Mines Says Co Acquires 100% Of Gibraltar Mine

Wow. This agreement has very favorable terms. And yet it values the Gibraltar mine alone at $1 billion--at least in mgmt eyes. It demonstrates extreme optimism on mgmt part. They could have let them just sell the 12.5% to someone else. It's also cash flow accretive.

I need to look closer, but this seems like a very bullish move and a market catalyst.

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