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TGB-News
TGB-Events
Taseko Mines Maintains Production Guidance
Taseko Mines' production guidance remains unchanged for Gibraltar - 110 to 115 million pounds - and Florence Copper - 30 to 35 million pounds -.
Trekor Reports Q2 Revenue of $331M, Copper Production of 30M Pounds
Reports Q2 revenue $331M, consensus $331.58M. Produced 30 million pounds of copper and copper sales volumes were 32 million pounds. CEO Stuart McDonald commented, "Record copper prices and strong production at Gibraltar led to some of the best results we have ever recorded. Operating cash flow of $183M underscores Trekor's significant leverage to copper price with additional upside as Florence Copper progresses through its ramp-up. We expect strong financial performance in the coming quarters with production growth at Florence Copper, and as our margins are no longer limited by the $5.40 copper collars which matured in June. Yellowhead permitting activities continue to advance steadily. Last week, another notable milestone was achieved as the BC Environmental Assessment Office issued a positive Readiness Decision, which confirms the project is ready to move into process planning and the next phases of the Environmental Assessment."
Taseko Mines Stock Rises 10% to $7.72
Taseko Mines is up 10.0%, or 70c to $7.72.
Taseko Reports Q1 Revenue of $237.1M
Reports Q1 revenue $237.1M vs. $139.15M last year. CEO Stuart McDonald commented, "Both of Taseko's producing assets performed well in the first quarter. Gibraltar operations have achieved a consistent production level in recent quarters as mining activities have been advancing on plan in the Connector pit...Taseko is uniquely positioned as a North American copper growth story. Florence Copper is adding low-cost production and cash flow growth this year, to Gibraltar's existing production base. The company is well positioned to capitalize on the strong copper markets we see today, and continue to unlock value from our pipeline of large-scale longer term projects."
Taseko Mines Sees 2026 Gibraltar Copper Production at 110-115 Million Pounds
Taseko Mines sees 2026 Gibraltar copper production 110-115 million pounds
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