Taseko Mines Limited
About Taseko Mines Limited
Overview
Taseko Mines Limited is a Canadian mining company operating the Gibraltar copper mine in British Columbia, one of the largest open-pit copper mines in North America. The company is also advancing the Florence copper project in Arizona, which will use an innovative in-situ copper recovery method. Taseko has a long history of copper production and development in North America.
Operations
Taseko operates the Gibraltar mine located between Williams Lake and Mackenzie in central British Columbia. The mine is an open-pit operation producing copper concentrate with molybdenum credits. Gibraltar has over 40 years of operating history and remains one of Canada's most significant copper producers. The mine supplies concentrate to Asian smelters and produces approximately 130 million pounds of copper annually.
Strategy
The company's strategy focuses on optimizing Gibraltar operations through continuous improvement and cost management, extending mine life through exploration and reserve additions, advancing the Florence copper project which will provide low-cost, environmentally friendly copper production, maintaining financial flexibility to fund growth, and capitalizing on the long-term copper demand fundamentals driven by electrification and renewable energy.
Key Projects
The Florence copper project in Arizona represents Taseko's flagship development using commercial-scale in-situ copper recovery technology. This environmentally progressive method avoids traditional open-pit mining and large-scale tailings. Other projects include potential expansions at Gibraltar through additional reserves and processing improvements, development of the Yellowhead copper project in British Columbia, and ongoing exploration programs.
Primary Commodities
Financial Metrics
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Quick Facts
- Ticker Symbol
- TGB
- Market Cap
- Small Cap
- Category
- Copper
- Commodities
- Copper, Molybdenum
- Headquarters
- Vancouver, Canada
- Founded
- 1966
- Employees
- ~900
Operating Countries
Producing Assets
- •Gibraltar (Canada)
Development Assets
- •Florence Copper (USA)
- •Yellowhead (Canada)
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.