Taseko's Gibraltar copper mine output dips

Canadian miner Taseko Mines said copper production at its Gibraltar mine fell 6% sequentially, as mill throughput was hit by bad weather and the company had to process ore from harder-than-average parts of the granite pit. The mine, which is 75%...

Taseko awards expansion EPCM contract

Vancouver-based Taseko Mines has picked Ausenco Minerals and Metals as the engineering, procurement and construction management (EPCM) contractor for the infrastructure portion of an expansion at the company's Gibraltar copper mine. Taseko...

Taseko sells up to $200m of notes to fund mine expansion

Vancouver-based Taseko Mines will sell up to $200-million of senior notes in a public offering, and will use the proceeds to fund an expansion at its Gibraltar mine, in British Columbia. The notes, due 2019, will not be convertible, Taseko said...

Taseko sees no near-term revenue effect from Japan quake

Vancouver-based Taseko Mines does not expect copper concentrate revenue will be affected in the near term as a result of the devastating earthquake and tsunami in Japan, CEO Russell Hallbauer said on Friday. Mitsubishi Materials has stopped...

BC regulator confirms review of Taseko trades

The British Columbia Securities Commission (BCSC) confirmed on Thursday is reviewing a referral made to it by the Investment Industry Regulatory Organization of Canada (IIROC) regarding trading in the shares of Taseko Mines. Taseko shares plunged...

Taseko cuts 65 jobs after Canada denies project approval

Vancouver-based Taseko Mines will eliminate 65 jobs after Canadian Environment Minister Jim Prentice announced this week that the government will not approve the company's Prosperity project, in British Columbia. The project had already received...

Taseko shares bounce back

Shares in Taseko Mines jumped 9,82% on Friday, erasing most of a sharp drop in value a day earlier. Taseko shares fell 10,5% on Thursday, despite a target price update during the day from Jennings Capital analyst Peter Campbell.

Franco-Nevada buys 22% of gold output from Taseko project

Vancouver-based Taseko Mines has agreed to sell the equivalent of 22% of the gold produced at its Prosperity gold/copper project, in British Columbia, to royalty firm Franco-Nevada, the two companies announced on Wednesday. The deal will fund...

Taseko sells 25% of Gibraltar mine to Japanese consortium

Vancouver-based Taseko Mines has completed the sale of a 25% stake in its Gibraltar copper mine to a Japanese consortium for about C$187-million, the company said on Friday. The consortium comprises Sojitz Corporation, with 50%, Dowa Metals &...

Taseko could get Prosperity govt approval late Q3

Vancouver-based Taseko Mines could get federal government approval for its Prosperity gold/copper project, in British Columbia, near the end of the third quarter this year, executives said on Friday. By that point, Taseko expects to have secured...

Sojitz to buy 25% of Taseko's Gibraltar mine

Vancouver-based Taseko Mines plans to sell a 25% stake in its Gibraltar copper/molybdenum mine, in British Columbia, to Japan's Sojitz Corporation for about C$180-million, the firm announced on Monday. The companies have signed a letter of intent...

Taseko walks away from Copper Mountain offer

Vancouver-based Taseko Mines said on Tuesday that merger discussions with TSX-listed Copper Mountain Mining have been broken off, after securities regulators backed Copper Mountain's view that the company does not need shareholder approval for its...