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July 7, 2014
14:40 EDTTGBTaseko Mines reports Q2 production results
Taseko announces second quarter production of 38.5M pounds of copper and 667,000 pounds of molybdenum from the Gibraltar Mine, increases of 37% and 100%, respectively, over the same period in 2013. Total production for the first half of 2014 was 73M pounds of copper and 1.2M pounds of molybdenum. In the second quarter, total sales were 38.7M pounds of copper and 731,000 pounds of molybdenum. Concentrator throughput was 7.7M tons in the second quarter, a 10% increase from the 7M tons achieved in the first quarter. This resulted in average throughput of 85,000 tons per calendar day, or 92,700 tons per operating day. Recoveries remain a focus of the operations team and headway is being made towards reaching target levels. Copper grade for the second quarter remained below the Granite Pit average, roughly in line with the first quarter. As per previous guidance, the copper grade is now returning to the average grade where it is expected to remain for the balance of 2014.
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May 13, 2015
17:02 EDTTGBTaseko Mines reports Q1 adjusted EPS (1c), consensus (8c)
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