Savvy Trades and Investments

[researcher59]

TGB (2.18) got all the required permits for the Florence mine and has begun construction, but it's a time consuming project and production won't commence until late next year -

I'm still holding my shares.

PR -

Florence site preparations and civil work are well advanced, and we're looking forward to commencing wellfield drilling, with four rigs planned to be onsite initially. Construction of the SX/EW plant and other infrastructure represents a significant portion of the remaining project spend, and a fixed-price contract with TIC Kiewit will reduce inflationary risks, as Arizona continues to be a very active construction market. Our early work on detailed engineering and procurement of long-lead items has significantly de-risked the construction schedule and we're tracking towards first copper production in the fourth quarter of 2025. We're taking a disciplined approach to the buildout of the commercial facility at Florence, while our existing operations at the Gibraltar Mine continue to generate good cashflows in a strong copper price environment."



https://seekingalpha.com/article/4663630-taseko-mines-ramping-up-florence-copper-after-excellent-q4-2023-production-results