The Prospector News

TASEKO MINES ANNOUNCES THIRD QUARTER COPPER PRODUCTION OF 35 MILLION POUNDS FROM THE GIBRALTAR MINE

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

TASEKO MINES ANNOUNCES THIRD QUARTER COPPER PRODUCTION OF 35 MILLION POUNDS FROM THE GIBRALTAR MINE

 

 

 

 

 

Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) is pleased to announce that the Gibraltar Mine produced 35 million pounds of copper and 369 thousand pounds of molybdenum in the third quarter (100% basis).

 

Stuart McDonald, President and CEO of Taseko, commented, “The 25% quarter-over-quarter increase in copper production was a result of higher grades, improved recoveries and increased mill throughput. Mining in the Gibraltar pit is progressing on plan and the lower benches are providing the ore quality we expected. Molybdenum grades have also increased as mining has progressed deeper into the Gibraltar pit, resulting in a 60% increase in quarterly molybdenum production.”

 

A port workers strike in early July caused shipping delays and a build-up of Gibraltar copper concentrate inventory. As a result, third quarter sales volumes lagged production by three million pounds, and the excess inventory is expected to be shipped and sold in the fourth quarter.

 

Taseko is providing this third quarter production update in advance of an analyst and investor tour taking place at the Gibraltar Mine later today.

 

Presentation slides to be used during the tour will be available at

https://tasekomines.com/investors/presentations.

 

Posted October 4, 2023

Share this news article

MORE or "UNCATEGORIZED"


ABRASILVER ANNOUNCES CLOSING OF $30 MILLION PUBLIC OFFERING OF COMMON SHARES

AbraSilver Resource Corp. (TSX-V: ABRA) is pleased to announce th... READ MORE

February 7, 2025

Troilus Announces $5.8 Million Strategic Investment by Vaneck via a Non-Brokered Private Placement

Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF) (FSE: CM5R) announce... READ MORE

February 7, 2025

PPX Closes First Tranche of Silver Royalty Agreement With Silver Crown Royalties

PPX Mining Corp. (TSX-V: PPX) (BVL: PPX) is pleased to announce t... READ MORE

February 7, 2025

Barrick Grows Gold and Copper Reserves Significantly, Setting It Apart From Peers as It Positions for Growth

Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) grew attributable ... READ MORE

February 6, 2025

Liberty Gold Announces Assay Results from the 2024 Drill Program at the Black Pine Oxide Gold Project, Idaho

0.96 g/t Au over 24.4 meters, including 1.94 g/t Au over 6.1 mete... READ MORE

February 6, 2025

Copyright 2025 The Prospector News