ShareSoc Webinar with Taseko Mines Ltd (TKO)
22 June 2021

Company: Taseko Mines Ltd (TKO)
Date:
22 June 2021
Time: 4:30pm – 5:30pm
Format: Webinar
Presenters:
Stuart McDonald, President of Taseko Mines


Company Information:
Taseko Mines is a dynamic and growing mining company focused on the operation and development of copper mines in North America. Headquartered in Vancouver, Taseko operates the state-of-the-art Gibraltar Mine, the second largest copper mine in Canada, with a nearly 700-person workforce producing an average of 140 million pounds of copper and 2.5 million pounds of molybdenum per year. The Company is also well-advanced in the permitting and funding of the US$230m Florence Copper Project in Arizona, a unique in-situ copper recovery project that boasts significantly reduced energy consumption, carbon emissions and water use when compared with a similar sized conventional copper mine. Producing cathode on site, Florence’s annual output of 85Mlbs would significantly boost group production.

Taseko recently announced that it has completed its offering of US$400 million notes which will be used to repurchase existing debt and result in a cash balance of circa US$200m. Permitting is nearing completion, after the all-important Aquifer protection permit was granted by Arizona environmental authorities in December. Taseko’s Full Year results stated that adjusted EBITDA for 2020 is expected to be in the range of $105-110 million, up from $51 million in 2019. Gibraltar produced 123 million pounds of copper for the year and 2.3 million pounds of molybdenum. Looking ahead to 2021, the Company expects copper production of approximately 125 million pounds from Gibraltar.

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Add to calendar
Event Details:
  • Location Name: Webinar
  • Date of Event: 22/06/2021
  • Event Start: Presentation Starts at 4:30pm
  • Agenda Title: ShareSoc Webinar with Taseko Mines Ltd (TKO) - 22 June 2021
  • Agenda Description: Presenters:
    Stuart McDonald, President of Taseko Mines
Add to calendar
Event Details:
  • Location Name: Webinar
  • Date of Event: 22/06/2021
  • Event Start: Presentation Starts at 4:30pm
  • Agenda Title: ShareSoc Webinar with Taseko Mines Ltd (TKO) - 22 June 2021
  • Agenda Description: Presenters:
    Stuart McDonald, President of Taseko Mines