Business
Taseko Provides Corporate and Operational Update
Taseko Provides Corporate and Operational Update Canada NewsWire VANCOUVER, Marc...
About this update from Taseko Mines Limited
[{"type":"text","content":"\n\n\n\nTaseko Provides Corporate and Operational Update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 23, 2020\n\n\n\nVANCOUVER, March 23, 2020 /CNW/ - Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (\"Taseko\" or the \"Company\") wishes to provide an update on the current status of its Gibraltar Mine and other corporate initiatives, in light of the global impact from COVID-19. To-date, there have been no known cases of COVID-19 at any of Taseko's operations or offices in Canada and the US.\nThe Gibraltar Mine has operated at planned rates in the first quarter and copper production is expected to be approximately 32 million pounds (100% basis). At this time there have been no interruptions to our logistics and supply chains, and sales are expected to be in line with production for the quarter.\nRussell Hallbauer, CEO and Director of Taseko, stated, \"The health and safety of our employees is the most important aspect of our business. We believe it's important to protect the safety of our employees as well as their continued employment, both important factors at this time. To this end, the mine implemented many procedures in advance of the health authorities' directives to mitigate the risk of COVID-19 impacting our employees and our mining operations. Our entire workforce has been fully engaged in this process. In the event illness does occur among some of our employees, these procedures are designed to curb wide-spread infection among other employees. As during the devastating forest fires of 2017, the resolve of our entire workforce is impressive in this time of crisis, which is why we have been extremely diligent and taking extra precautions at all our work sites. While we have not had any known occurrences of COVID-19 anywhere in the organization, we will remain focused on protecting our employees until the risk subsides.\"\n\"During unprecedented events like we are currently facing, we rely on our operational experience more than ever. With copper put options securing a minim...