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 (TSX: TKO, NYSE American: TGB, LSE: TKO) disclosed the voting results from its 2024 Annual General Meeting held on June 13, 2024, in Vancouver.
A total of 153,248,875 common shares were voted, representing 52.6% of all outstanding shares. Shareholders approved all business items, including the Amendment and Continuation of the Share Option Plan, the Continuation of the Performance Share Unit Plan, and the Advisory Resolution on executive compensation. All director nominees were elected, with Rita Maguire and Stuart McDonald receiving the highest approval at 98.7% each.
Detailed results are available on SEDAR. This announcement has not been approved or disapproved by any regulatory authority.
On June 1, 2024, Taseko Mines announced the suspension of operations at its Gibraltar Mine due to a failure in collective bargaining with union representatives. The unionized workforce plans to strike as of midnight, May 31, 2024. Consequently, Taseko proactively shut down mining and milling operations, placing the mine on care and maintenance with only essential staff maintaining critical systems. Taseko remains committed to achieving a fair agreement through continued bargaining efforts.
Taseko Mines reported first quarter 2024 Adjusted EBITDA of $50 million, with revenues of $147 million and net income of $19 million. Gibraltar mine produced 30 million pounds of copper and 247 thousand pounds of molybdenum. The acquisition of the remaining 12.5% interest in Gibraltar provides cashflow and cost savings. Florence Copper construction is progressing well. The Company refinanced its senior secured notes for financial flexibility.
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