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Taseko Mines Advances Copper Production with Florence Project Launch and Gibraltar Gains

Story Highlights
  • Taseko Mines starts wellfield operations at Florence Copper, aiming for first cathode in three months.
  • Gibraltar Mine reports increased copper production, positioning Taseko for further growth.
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Taseko Mines Advances Copper Production with Florence Project Launch and Gibraltar Gains

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Taseko Mines ( (TSE:TKO) ) has provided an announcement.

Taseko Mines has commenced wellfield operations at its Florence Copper project, marking a significant milestone towards commercial production. The company anticipates producing its first copper cathode in about three months, enhancing its position as a diversified copper miner in top-tier jurisdictions. Additionally, Taseko reported a notable increase in copper and molybdenum production at its Gibraltar Mine during the third quarter, with expectations of further production growth in the fourth quarter. With copper prices nearing record highs, Taseko is well-positioned to capitalize on the growing demand for critical minerals.

More about Taseko Mines

Taseko Mines Limited is a mining company focused on copper production, operating primarily in North America. Its key projects include the Florence Copper project in Arizona and the Gibraltar Mine in British Columbia, Canada.

For a thorough assessment of TKO stock, go to TipRanks’ Stock Analysis page.

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