Taseko Mines Limited is a mid-tier copper producer located out of British Columbia, Canada. It operates Gibraltar Mine, the second largest open-pit mine in Canada, and is in the planning stages for several other mines. These include the Prosperity Mine, Harmony, and Aley. All production is sold at non-hedged market based prices. The market capitalization currently is ~650 million dollars.
Operations: Large open pit mine with production ranging fr...
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Taseko Mines Limited is a mid-tier copper producer located out of British Columbia, Canada. It operates Gibraltar Mine, the second largest open-pit mine in Canada, and is in the planning stages for several other mines. These include the Prosperity Mine, Harmony, and Aley. All production is sold at non-hedged market based prices. The market capitalization currently is ~650 million dollars.
Operations: Large open pit mine with production ranging from 80-110 million lb copper per year at a cost of 1.20$ per lb mined once phase II expansion has been completed.
Reserves: 2.4 billion pounds of copper and 69 million pounds of molybdenum
Timeline:
Overview - Property includes 85 square km in south central British Columbia. A large copper and gold mineralization has been defined on the property containing ~5.3 billion lb copper and 13.3 million oz of gold. The feasibility for the mine was completed on September 25, 2007 and the environmental review process began in July 2008.
Operations:...
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