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Taseko Mines Boosts Earnings and Acquires Mine
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Taseko Mines Boosts Earnings and Acquires Mine

Taseko Mines (TSE:TKO) has released an update.

Taseko Mines Limited has seen a significant increase in first quarter 2024 earnings, with a $50 million Adjusted EBITDA and 30 million pounds of copper produced at the Gibraltar Mine. The company completed the acquisition of the remaining 12.5% interest in the Gibraltar Mine, enhancing their financial position through strategic transactions and operational efficiencies. With the focus now shifting towards developing the Florence Copper project and a strengthened financial strategy, Taseko is poised for growth in the coming months.

For further insights into TSE:TKO stock, check out TipRanks’ Stock Analysis page.

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