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Taseko Mines ( (TSE:TKO) ) has provided an announcement.
Taseko Mines Limited has released an economic impact study highlighting the substantial contributions of its Gibraltar copper mine over the past 20 years and its projected impact for the next two decades. The study reveals that Gibraltar has significantly boosted the Canadian economy, particularly in British Columbia’s Cariboo region, by generating billions in economic output, employment, and government revenues. As the second-largest open-pit copper mine in Canada, Gibraltar has produced substantial amounts of copper, contributing greatly to the copper supply needed for technologies like electric vehicles. This positions Taseko as a key player in the North American copper market, with further expansion plans in Arizona and British Columbia.
More about Taseko Mines
Taseko Mines Limited is a mining company operating in the copper industry. The company focuses on extracting and producing copper, a critical mineral essential for various energy technologies, through its Gibraltar copper mine in British Columbia, Canada.
YTD Price Performance: 8.50%
Average Trading Volume: 3,930,695
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $637.1M
See more data about TKO stock on TipRanks’ Stock Analysis page.
