Taseko Mines Limited · TSX:TKO
Taseko Mines — BMO Global Metals & Mining Conference 2019
7 slides from Taseko Mines's conference presentation, Feb 27, 2019
Slide 1: A Multi-Asset Growth Company
A Multi-Asset Growth Company February 27, 2019 BMO Global Metals & Mining Conference 1
Slide 2: Forward Looking Statements
Forward Looking Statements Some of the statements contained in the following material are "forward-looking statements". All statements in this release, other than statements of historical facts, that address estimated mineral resource and reserve quantities, grades and contained metal, and possible
Slide 3: Taseko: A Multi-Asset Growth Company
Taseko: A Multi-Asset Growth Company Our Goal Gibraltar (75%) Copper-Molybdenum • Best in class operator Stage: Operating • Focus on low-risk jurisdictions • Leverage cash flow from operating Aley (100%) copper mine to develop pipeline of Niobium Stage: Development diversified projects Pre-tax NPV:
Slide 4: Gibraltar – Stable Production
Gibraltar – Stable Production Gibraltar - Canada’s Second Largest Open Pit Copper Mine • 20 year mine life at a milling rate of 85,000 tons per day • LOM annual average ~140 Mlbs cu • Modernized copper mine operating at steady-state since 2014 after six years of expansion activities • Lowest quartil
Slide 5: Florence: Low-cost, Near-Term Growth
Florence: Low-cost, Near-Term Growth Florence – Near-Term Production Growth Project Highlights Project Timeline • Initial capital cost of US$200 million • 2018 – PTF development & construction (completed) • Annual copper production of 85 Mlbs – Wellfield & SX/EW commissioning (completed) • Operating
Slide 6: Yellowhead: Low-cost, Medium-Term Growth
Yellowhead: Low-cost, Medium-Term Growth Yellowhead – World Class, Advanced Stage Project Project Highlights Project Overview • P&P reserves of 4.1 billion pounds of • Feb/19 – Taseko acquired Yellowhead Mining for $13 copper million in Taseko shares (8% dilution) • LOM Strip ratio of 0.76:1 • Feb/1
Slide 7: Positioned for Next Copper Price Cycle
Positioned for Next Copper Price Cycle 1. Gibraltar Mine operating at steady-state Growing Production = Increasing Operating Margin* • Highly leveraged to improving copper $700 400 prices 350 $600 2. Florence Copper moving forward • Near-term, low cost production 300 • Potential ~80% increase in Tas
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