Welcome to our dedicated page for Taseko Mines news (Ticker: TGB), a resource for investors and traders seeking the latest updates and insights on Taseko Mines stock.
Taseko Mines Limited (TGB) maintains this dedicated news portal for stakeholders tracking developments in copper production, mineral exploration, and operational updates from Canada's premier mining operations. Our curated news collection provides essential insights into the company's core activities at the Gibraltar mine, Florence Copper project, and other strategic assets.
Investors and industry observers will find authoritative reporting on quarterly results, resource estimates, and operational milestones. The archive includes technical updates compliant with NI 43-101 standards, facility expansion announcements, and sustainability initiatives within Taseko's mining operations.
Content spans three key areas: production updates from active mining sites, development progress on exploration projects, and strategic partnerships shaping North America's base metals sector. All materials maintain rigorous standards for factual accuracy and operational transparency.
Bookmark this page for streamlined access to Taseko's official communications. Combine regular check-ins with our news alerts to stay informed about copper price impacts, milling capacity changes, and corporate developments affecting this TSX-listed mining enterprise.
Taseko Mines has entered an agreement for a bought deal of 27,750,000 common shares at US$0.83 each, raising approximately US$23 million. There’s also a 30-day option for underwriters to purchase an additional 4,162,500 shares for up to US$3.5 million. Proceeds will fund the Florence Copper Project and general corporate purposes. The offering is set to close around November 17, 2020, pending necessary approvals. Furthermore, Taseko plans a non-brokered private placement of 2,409,639 shares at the same issue price for up to US$2 million, subject to TSX and NYSE approval.
Taseko Mines Limited (TGB) reported its Q3 2020 earnings, showing earnings from mining operations before depletion and amortization of $35.7 million and an Adjusted EBITDA of $31.5 million. The company achieved a net income of $1.0 million with sales of 29 million pounds of copper, generating revenues of $86.8 million. Despite lower than expected copper grades averaging 0.23%, molybdenum production remained strong at 668 thousand pounds. The company continues to advance its Florence Copper Project, with expectations for permitting progress in early 2021.
On October 22, 2020, Taseko Mines Limited (TGB) announced it will release its third quarter 2020 financial results after the market close on October 26, 2020. A conference call and live webcast will be held on October 27, 2020, at 11:00 a.m. ET to discuss these results. Management will make opening remarks, followed by a Q&A session for analysts and investors. The call can be accessed by dialing specific numbers for Canada, the US, and internationally, with an archived playback available until November 13, 2020.
Taseko Mines Limited (TGB) announced strong community support for its Florence Copper Project during a recent public hearing held by the Arizona Department of Environmental Quality (ADEQ). Out of 30 speakers, only one opposed the project, indicating extensive backing from local stakeholders. Taseko has emphasized the environmental safeguards and benefits of its copper extraction process, proven effective over 18 months of testing. The ADEQ will accept public comments until October 12 before finalizing the Aquifer Protection Permit.
Taseko Mines Limited (NYSE American: TGB) announced that the draft Aquifer Protection Permit (APP) has been issued by the Arizona Department of Environmental Quality. The public comment period for the permit commenced on August 6, 2020, and will conclude on September 11, 2020. This confirms the expectation set in Taseko's previous release dated August 4, 2020. The CEO, Russell Hallbauer, emphasized the significance of this permit for the company's operations. However, the PR highlights various uncertainties related to market conditions and the mining industry.
Taseko Mines Limited (NYSE American: TGB) reported strong second-quarter 2020 results, featuring earnings from mining operations before depletion and amortization of $50.3 million and net income of $18.7 million ($0.08 per share). Copper production reached 36.8 million pounds, a 14% increase from Q1, benefiting from an improved copper price at US$2.95 per pound. Total revenues surged to $106 million, a 71% increase compared to the first quarter. The company anticipates a successful permitting process for the Florence Copper Project and ongoing discussions for financing and joint ventures.
Taseko Mines Limited (TGB) has announced that the Arizona Department of Environmental Quality will issue the draft Aquifer Protection Permit for the Florence Copper production facility on August 6, 2020. This permit is crucial for advancing the project to commercial production. CEO Russell Hallbauer emphasized the permit's significance, asserting the environment safety of the in-situ mining process demonstrated over 18 months of testing. The company is winding down its test facility while refining its operational plans for the commercial phase using recently collected data.
Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) will announce its second quarter 2020 financial results on August 5, 2020, after market close. A conference call to discuss these results is scheduled for August 6, 2020, at 11:00 a.m. Eastern Time. Investors and analysts can participate by dialing (888) 390-0546 in Canada and the U.S., or (416) 764-8688 internationally. The call will be archived for playback until August 20, 2020, using a passcode. CEO Russell Hallbauer will lead the discussion.
Taseko Mines Limited (TGB) announced the results from its 2020 Annual General Meeting, held on July 8, 2020, in Vancouver. Key changes include the departure of board members Richard Mundie and Alex Morrison, while Peter Mitchell has been appointed to the Board. Mitchell, a Chartered Accountant with over 35 years of financial management experience, previously served as Taseko's CFO from 2008 to 2013. The meeting saw 132,162,210 shares voted, representing 53.7% of outstanding shares, with all director nominees receiving substantial shareholder support, notably Peter Mitchell with 95.9% votes in favor.
FAQ
What is the current stock price of Taseko Mines (TGB)?
What is the market cap of Taseko Mines (TGB)?
