Taseko Mines (TSE:TKO) has released an update.
Taseko Mines Limited reported a strong financial performance for the fourth quarter of 2023, with a record annual revenue of $525 million driven by higher copper production and increased ownership in the Gibraltar Mine. The company’s adjusted EBITDA reached $190 million for the year, with a net income of $83 million. Additionally, Taseko is progressing with the construction of the Florence Copper project, expected to significantly boost copper production by the fourth quarter of 2025.
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