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Taseko Reports Significant Increase in Quarterly Copper Production
Taseko Reports Significant Increase in Quarterly Copper Production PR Newswire ...
About this update from Taseko Mines Limited
[{"type":"text","content":"\n \n \n \n Taseko Reports Significant Increase in Quarterly Copper Production\n \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.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnbcc{\nBORDER-TOP-COLOR:; BORDER-COLLAPSE: COLLAPSE; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; BORDER-RIGHT-COLOR:\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 12, 2021\n \n /PRNewswire/ - Taseko Mines Limited (TSX: TKO) (NYSE MKT: TGB) (LSE: TKO) (\"Taseko\" or the \"Company\") is pleased to announce the Gibraltar Mine produced 34.5 million pounds of copper and 600 thousand pounds of molybdenum in the third quarter, increases of 29% and 50%, respectively, over the second quarter.\n \n \n \n Stuart McDonald\n \n , President and CEO, commented, \"\n \n Gibraltar\n \n had another solid operational quarter, with improved copper grades and recoveries resulting in production that was on target and in line with guidance. The mine is well positioned for the year ahead as mining operations are smoothly transitioning into the\n \n Gibraltar\n \n pit, where grade is meeting expectations and the mills are efficiently processing the new ore.\"\n \n \n \"We are currently mobilizing a drill crew at\n \n Gibraltar\n \n to continue the site-wide exploration program that started in spring 2021. A deep-penetrating geophysics survey has identified a number of anomalies outside\n \n Gibraltar's\n \n current resources and the drill program will further test those areas with the eventual goal of increasing\n \n Gibraltar's\n \n already large resource base,\" continued Mr. McDonald.\n \n \n \"The average LME copper price of\n \n US$4.25\n \n per pound in the third quarter, combined with increased production volumes and declining unit costs, will translate directly to improved financial performance this quarter. And our growing cash balance along with the recently closed\n \n US$50 million\n \...