Taseko Mines Limited’s cover photo
Taseko Mines Limited

Taseko Mines Limited

Mining

Vancouver, BC 11,644 followers

About us

Headquartered in Vancouver, Canada, Taseko Mines Limited is a dynamic international mining company driven to unlock the true value of copper in North America for its investors, employees, communities, and for the complex changing world. As a leading copper producer, Taseko recognizes and delivers enduring opportunity through developing and operating world-class copper mines and mineral properties in British Columbia and Arizona. Taseko’s corporate strategy is to grow the company sustainably and profitably by focusing on the continued operations of the Company’s foundational asset, the Gibraltar Mine, while also developing its pipeline of high-quality advanced- stage development projects. The long-life, low-cost Gibraltar copper mine (75% owned) located in south-central BC, is a state-of-the-art facility that has won numerous environmental and safety awards for operational excellence. It is second largest open pit copper mine in Canada, producing an average of 130 million pounds of copper and 2.5 million pounds of molybdenum per year, and supporting a 700+ person workforce. Taseko is also advancing the Florence Copper project in Arizona – a near-term copper producer with an unparalleled energy, water and GHG profile per unit of production. Florence Copper is a unique ‘in-situ copper recovery’ project which, once in production, will significantly increase Taseko’s annual metal production, delivering a necessary metal our society requires for a low-carbon future. In addition, Taseko also owns the Yellowhead copper project and the Aley niobium project providing the Company with a diverse development opportunity.

Industry
Mining
Company size
501-1,000 employees
Headquarters
Vancouver, BC
Type
Public Company

Locations

Employees at Taseko Mines Limited

Updates

  • This February, Taseko and Gibraltar management and employees gathered together to celebrate 20 years of successful operations since Gibraltar’s restart in 2004. Held on a chilly evening in Williams Lake, the event was attended by Cariboo-Prince George MP Todd Doherty, Williams Lake Mayor Surinderpal Rathor, Gibraltar retirees, local suppliers, community partners and many others. It was an opportunity to reflect on the strong partnerships built at Gibraltar over the past two decades and to look ahead at the opportunities the next 20 years could bring to the Cariboo region. A big thank you to Fox’s Den in Williams Lake for their warm hospitality and Rhoda’s Sweet Delights for the custom cookies. #GibraltarMine #20YearsStrong #CommunityPartnerships #CaribooFuture

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  • Building Connections at the Simpcw Community Job Fair! Taseko is proud to have participated in the annual Simpcw Community Job Fair, where we had an opportunity to meet and engage with the community members and students interested in careers in mining. It was great to connect with the community, share information about Taseko and the Yellowhead Project, and discuss the skills and training needed to build a rewarding career in the mining business. A big thank you to the Simpcw First Nation for hosting this fantastic event and to everyone who stopped by our booth! We look forward to continuing our partnership and educating the community on opportunities that exist in mining. #CommunityConnections #JobFair #MiningCareers #GibraltarMine #TasekoMines Korah De Walt-Gagnon, CPHR. Jenny Maloney

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  • This week, Taseko President & CEO Stuart McDonald and Investor Relations VP Brian Bergot connected with existing and new investors at the BMO Global Metals, Mining & Critical Minerals Conference in Miami. Stuart took the stage to share the latest on Taseko’s Gibraltar Mine and the roadmap for Florence Copper – America’s next domestic copper producer! With copper demand on the rise and a world-class project pipeline, Taseko is positioned for growth in the new era of North American copper production. #FlorenceCopper #Mining #Copper #BMOConference #Taseko

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  • Taseko Reports 2024 Fourth Quarter and Annual Earnings Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) ("Taseko" or the "Company") reports full year 2024 Adjusted EBITDA* of $224 million and Earnings from mining operations before depletion and amortization and non-recurring items* of $244 million. Revenues for 2024 were $608 million from the sale of 108 million pounds of copper and 1.4 million pounds of molybdenum. For the year, a Net loss of $13 million ($0.05 loss per share) was recorded and Adjusted net income* was $57 million ($0.19 per share). Stuart McDonald, President and CEO of Taseko, commented, “We had a strong finish to the year at Gibraltar and, with both concentrators operating well, the mine achieved a new record for quarterly mill throughput. With stable milling operations expected in 2025 we expect a significant improvement in annual production of copper and molybdenum, although we will see lower head grades in the first part of the year during a new pushback in the Connector pit. The refurbishment of the SX/EW plant is progressing on schedule and first cathode production at Gibraltar is anticipated in the second quarter.” Mr. McDonald continued, “We remain pleased with the construction progress at Florence. Four drill rigs are advancing wellfield drilling which is scheduled for completion in the second quarter. Our construction workforce is currently at approximately 360 workers, and will reach peak manpower levels this quarter. First copper production continues to be targeted before the end of the year.” To read the full release visit https://lnkd.in/gc3jqxcx #copper #TKO #TGB Florence Copper

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  • Taseko Releases Economic Impact Study for Gibraltar Copper Mine Reflecting on 20 years of successful operations; looking forward to 20 more   Taseko Mines Limited today released the findings of a comprehensive study (the “Study”) of the economic contributions of its Gibraltar copper mine, located in central British Columbia. The Study examines Gibraltar’s significant contribution to the economies of the Cariboo Region, BC and Canada since Taseko restarted the open-pit copper mining operation in late 2004. In addition, the Study forecasts Gibraltar’s economic impacts for the next 20 years, through its current remaining reserve life to 2044. Stuart McDonald, Taseko’s President & CEO, commented, “The Gibraltar Mine has been a cornerstone of economic growth, prosperity, and community development in the Cariboo for more than two decades, and will continue to provide career opportunities and family-supporting employment for years to come. We are very proud of the economic contributions our business activities support in the Cariboo region and throughout British Columbia.” “Our North American copper business is poised for significant near-term growth. In late 2025, we expect to complete construction and initiate production at the Florence Copper project in Arizona, and our Yellowhead copper project in south-central BC represents another major mine development opportunity. We look forward to building on the tremendous economic legacy that Gibraltar has established over the past 20 years.” To view the full report visit: https://lnkd.in/g4TeuiEv #copper #beyondpotential #economicimpact #GibraltarMine

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  • Making the Season Brighter Last week, our team from Taseko's Yellowhead Project proudly joined the Stuff the Cruiser events in Barriere and Clearwater! Thanks to these contributions, local food banks will be able to spread holiday cheer and support families and children across the North Thompson Valley. A big thank you to the Barriere RCMP, Barriere & Area Chamber of Commerce, and Interior Savings for leading an impactful community initiative. Together, we’re showcasing the strength of community spirit. #communitygiving #communityspirit

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  • Taseko President and CEO Stuart McDonald joins host Rob Tyson on the latest episode of the Dig Deep Podcast. Tune in as Stuart provides updates on: -  the innovative Florence Copper project in Arizona and Taseko’s Gibraltar Mine in British Columbia, both leading North American copper producers; -  How Taseko’s experienced management team is driving the Company’s growth strategy; and - Copper’s pivotal role in global electrification and renewable energy—and Taseko’s part in meeting the growing demand.   Access the full podcast on Taseko Talks at https://lnkd.in/eKE2ZU5n #copper #gibraltarmine #florencecopper #tasekotalks

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  • Taseko proudly stood as lead sponsor of Mission Possible’s copper-themed annual holiday Gala. As the organization's largest annual fundraiser, both in scope and funds raised, attendees gathered to celebrate Mission Possible’s achievements, recognize past and present program participants, and hear inspiring stories of personal transformation.   During the event, Taseko VP of Operations Terry J. Morris, P.Eng. and Manager of Corporate Affairs Ainsley Wooding presented a special honour—the inaugural Beyond Potential Award, recognizing an individual from the Mission Possible community who embodies resilience and achievement. The MP honouree’s journey is a testament to hard work, and the power of believing in yourself. In addition to the Beyond Potential Award, Taseko awarded the winning recipient a $1000 educational scholarship to support their future career development.   #fundraising #beyondpotential #missionpossible

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  • Taseko Mines Announces the Appointment of Crystal Smith to its Board of Directors Ron Thiessen, Chairman of Taseko commented, "On behalf of the entire Board, I am pleased to welcome Chief Crystal Smith to Taseko’s Board of Directors. Ms. Smith has many great qualities that will strengthen our Board, through her experience as the Haisla Nation’s elected Chief Councillor and her background in economic development of Indigenous-led and supported industrial projects in British Columbia.” “Ms. Smith has been a champion for the responsible development of liquified natural gas (LNG) on BC’s North Coast, while establishing numerous joint ventures and limited partnerships for the benefit of the Haisla Nation. Her leadership in facilitating resource development in British Columbia, and fostering mutually beneficial partnerships between industry and Indigenous groups, will greatly benefit Taseko as we look to advance our portfolio of projects in the province,” added Mr. Thiessen. Ms. Crystal Smith stated, “I am pleased to bring my years of experience in Indigenous governance, environmental advocacy and responsible industrial development to Taseko’s Board of Directors as the Company seeks to grow the responsible production of copper in Canada and the United States. I believe responsible resource development, advanced in partnership with Indigenous communities, can make a positive contribution to the goals of Reconciliation, while contributing to a stronger Canadian economy and benefitting all Canadians.” To read the full news release visit https://lnkd.in/gvcdi9h4

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