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Taseko Mines ( (TSE:TKO) ) has shared an announcement.
Taseko Mines has completed construction at its Florence Copper project in Arizona and transitioned to early-stage operations, with wellfield acidification and solution circulation performing at or above expectations and copper grades in recovery solutions now sufficient to start up the SX/EW plant, positioning the asset to begin producing copper cathode within weeks and support higher production as the commercial wellfield is expanded. At its flagship Gibraltar mine in British Columbia, the company reported 2025 output of 98 million pounds of copper and 1.9 million pounds of molybdenum, with a strong fourth quarter driven by higher grades and recoveries despite downtime from unscheduled maintenance and a serious accident, and management signaled expectations for more consistent and higher copper production in 2026 as mining advances in the Connector pit, underscoring Gibraltar’s ongoing role as the company’s core cash generator during Florence’s ramp-up.
More about Taseko Mines
Taseko Mines Limited is a diversified North American copper producer listed in Toronto, New York and London, with key operations including the Gibraltar open-pit copper-molybdenum mine in British Columbia and the in-situ recovery Florence Copper project in Arizona, focused on supplying copper and molybdenum to global industrial and infrastructure markets.
Find detailed analytics on TKO stock on TipRanks’ Stock Analysis page.