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News Breaks
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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October 6, 2015
19:03 EDTTGBTaseko Mines acquired 12.43M shares of Yellowhead Mining
Taseko announces that it has acquired 12.43M common shares of Yellowhead Mining at a cost of 4.5c per share pursuant to a rights offering. Prior to the rights offering, Taseko held 10.47M shares of Yellowhead representing approximately 10.6% of Yellowhead's issued and outstanding shares. As a result of its participation in this rights offering, Taseko now holds a total of 22.9M shares of Yellowhead, representing approximately 18.5% of Yellowhead's issued and outstanding shares. All of these shares of Yellowhead are held directly by Taseko and are being held for investment purposes. Taseko may in the future take such actions in respect of its Yellowhead shares as it deems appropriate in light of the market circumstances then existing, including the potential purchase of additional shares of Yellowhead through open market purchases or privately negotiated transactions, or the sale of all or portion of such holdings in the open market or in privately negotiated transactions to one or more purchasers. There are no persons acting jointly or in concert with Taseko with respect to Taseko's shareholdings in Yellowhead, nor has Taseko entered into any agreements in respect of its shareholdings in Yellowhead with any person with which Taseko acts jointly or in concert.
October 1, 2015
14:31 EDTTGBTaseko Mines announces Q3 production of 41M pounds of copper
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