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Taseko Mines ( (TSE:TKO) ) has issued an announcement.
Taseko Mines Limited has announced that the new trade tariffs introduced by the US and Canadian governments will not impact its operations. The Gibraltar Mine’s copper and molybdenum concentrates are sold internationally, and the company has secured offtake contracts through 2026. The Florence Copper Project, under construction in Arizona, is unaffected by these tariffs, with all necessary materials already available, ensuring that construction costs remain stable. Taseko remains optimistic about future trade relations benefiting the North American copper industry.
More about Taseko Mines
Taseko Mines Limited is a mining company that focuses on the production of copper and molybdenum concentrates. The company operates the Gibraltar Mine in British Columbia, Canada and is currently constructing the Florence Copper Project in Arizona, USA, which aims to be a significant supplier of refined copper cathode for the US domestic market.
YTD Price Performance: -7.00%
Average Trading Volume: 3,942,379
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $559.4M
See more insights into TKO stock on TipRanks’ Stock Analysis page.
