Taseko Mines
13.04.24 20:44
#1
peter47
Taseko Mines
Taseko Announces Offering of US$500 Million of Senior Secured Notes Due 2030
April 8, 2024, Vancouver, BC – Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (“Taseko”) today announced that it has commenced an offering of US$500 million of Senior Secured Notes due 2030 (the “Notes”). The aggregate principal amount, interest rate and other terms of the Notes will be determined at pricing and are dependent upon market conditions and other factors. Taseko intends to use the net proceeds from this offering, together with cash on hand, to redeem its outstanding 7.00% Senior Secured Notes due 2026 (the “Existing Notes”), to make capital expenditures, including at its Florence Copper project and Gibraltar mine, as working capital and for general corporate purposes and to pay fees and expenses in connection with this offering. The Notes will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any other jurisdiction. The Notes will not be qualified by a prospectus in Canada. Unless they are registered or qualified by a prospectus, the Notes may be offered and sold only in transactions that are exempt from registration requirements and from prospectus qualification under Canadian securities laws. In the United States, the Notes will be offered and sold only to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) and outside the United States, to non-U.S. persons in compliance with Regulation S under the Securities Act. This press release is neither an offer to sell nor the solicitation of an offer to buy the Notes, the Existing Notes or any other securities and shall not constitute an offer to sell or solicitation of an offer to buy, or a sale of, the Notes, the Existing Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful. This press release does not constitute a notice of redemption with respect to the Existing Notes.
For further information on Taseko, see the Company’s website at www.tasekomines.com or contact:
Brian Bergot, Vice President, Investor Relations – 778-373-4533.
Stuart McDonald
President and CEO
https://www.tasekomines.com/investors/news/...-secured-notes-due-2030
April 8, 2024, Vancouver, BC – Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (“Taseko”) today announced that it has commenced an offering of US$500 million of Senior Secured Notes due 2030 (the “Notes”). The aggregate principal amount, interest rate and other terms of the Notes will be determined at pricing and are dependent upon market conditions and other factors. Taseko intends to use the net proceeds from this offering, together with cash on hand, to redeem its outstanding 7.00% Senior Secured Notes due 2026 (the “Existing Notes”), to make capital expenditures, including at its Florence Copper project and Gibraltar mine, as working capital and for general corporate purposes and to pay fees and expenses in connection with this offering. The Notes will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any other jurisdiction. The Notes will not be qualified by a prospectus in Canada. Unless they are registered or qualified by a prospectus, the Notes may be offered and sold only in transactions that are exempt from registration requirements and from prospectus qualification under Canadian securities laws. In the United States, the Notes will be offered and sold only to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) and outside the United States, to non-U.S. persons in compliance with Regulation S under the Securities Act. This press release is neither an offer to sell nor the solicitation of an offer to buy the Notes, the Existing Notes or any other securities and shall not constitute an offer to sell or solicitation of an offer to buy, or a sale of, the Notes, the Existing Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful. This press release does not constitute a notice of redemption with respect to the Existing Notes.
For further information on Taseko, see the Company’s website at www.tasekomines.com or contact:
Brian Bergot, Vice President, Investor Relations – 778-373-4533.
Stuart McDonald
President and CEO
https://www.tasekomines.com/investors/news/...-secured-notes-due-2030
13.04.24 20:49
#2
peter47
Taseko Announces Pricing of Senior Secured Notes
Taseko Announces Pricing of Senior Secured Notes Offering
April 9, 2024, Vancouver, BC - Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) ("Taseko") today announced that it has priced an offering of US$500 million aggregate principal amount of Senior Secured Notes due 2030 (the "Notes"). Interest on the Notes will accrue at an annual rate of 8.25% payable semi-annually, and the Notes will be issued at par. The offering is expected to close on April 23, 2024, subject to customary closing conditions.
Taseko intends to use the net proceeds from this offering, together with cash on hand, to redeem all US$400 million aggregate principal amount outstanding of its Senior Secured Notes due 2026 (the "Existing Notes") (including accrued interest), to make capital expenditures, including at its Florence Copper project and Gibraltar mine, as working capital and the remainder, if any, for general corporate purposes and to pay fees and expenses in connection with this offering.
The Notes will be secured by junior priority liens on the shares of Taseko's wholly-owned subsidiaries, Gibraltar Mines Ltd. ("Gibraltar"), Curis Holdings (Canada) Ltd. (“Curis”), Florence Holdings Inc. (“Florence Holdings”), and Cariboo Copper Corp. (“Cariboo”) and by Gibraltar's rights under the joint venture agreement relating to the Gibraltar mine. The Notes will also be guaranteed by certain restricted subsidiaries including Gibraltar, Curis, Florence Holdings, Cariboo, Florence Copper Holdings Inc., FC-ISR Holdings Inc., and Florence Copper LLC (“Florence”). Upon admission of a minority joint venture partner for the Florence Copper project under certain conditions, the guarantee of the bonds by Florence would be released.
The Notes will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any other jurisdiction. The Notes will not be qualified by a prospectus in Canada. Unless they are registered or qualified by a prospectus, the Notes may be offered and sold, only in transactions that are exempt from registration requirements and from prospectus qualification under Canadian securities laws. In the United States, the Notes will be offered and sold, only to persons reasonably believed to be "qualified institutional buyers" (as defined in Rule 144A under the Securities Act) and outside the United States, to non-U.S. persons in compliance with Regulation S under the Securities Act.
This press release is neither an offer to sell nor the solicitation of an offer to buy the Notes, the Existing Notes or any other securities and shall not constitute an offer to sell or solicitation of an offer to buy, or a sale of, the Notes, the Existing Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful. This press release does not constitute a notice of redemption with respect to the Existing Notes.
For general information on Taseko, see the Company’s website at www.tasekomines.com or contact:
Brian Bergot, Vice President, Investor Relations - 778-373-4533.
Stuart McDonald
President and CEO
https://www.tasekomines.com/investors/news/...-secured-notes-offering
April 9, 2024, Vancouver, BC - Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) ("Taseko") today announced that it has priced an offering of US$500 million aggregate principal amount of Senior Secured Notes due 2030 (the "Notes"). Interest on the Notes will accrue at an annual rate of 8.25% payable semi-annually, and the Notes will be issued at par. The offering is expected to close on April 23, 2024, subject to customary closing conditions.
Taseko intends to use the net proceeds from this offering, together with cash on hand, to redeem all US$400 million aggregate principal amount outstanding of its Senior Secured Notes due 2026 (the "Existing Notes") (including accrued interest), to make capital expenditures, including at its Florence Copper project and Gibraltar mine, as working capital and the remainder, if any, for general corporate purposes and to pay fees and expenses in connection with this offering.
The Notes will be secured by junior priority liens on the shares of Taseko's wholly-owned subsidiaries, Gibraltar Mines Ltd. ("Gibraltar"), Curis Holdings (Canada) Ltd. (“Curis”), Florence Holdings Inc. (“Florence Holdings”), and Cariboo Copper Corp. (“Cariboo”) and by Gibraltar's rights under the joint venture agreement relating to the Gibraltar mine. The Notes will also be guaranteed by certain restricted subsidiaries including Gibraltar, Curis, Florence Holdings, Cariboo, Florence Copper Holdings Inc., FC-ISR Holdings Inc., and Florence Copper LLC (“Florence”). Upon admission of a minority joint venture partner for the Florence Copper project under certain conditions, the guarantee of the bonds by Florence would be released.
The Notes will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any other jurisdiction. The Notes will not be qualified by a prospectus in Canada. Unless they are registered or qualified by a prospectus, the Notes may be offered and sold, only in transactions that are exempt from registration requirements and from prospectus qualification under Canadian securities laws. In the United States, the Notes will be offered and sold, only to persons reasonably believed to be "qualified institutional buyers" (as defined in Rule 144A under the Securities Act) and outside the United States, to non-U.S. persons in compliance with Regulation S under the Securities Act.
This press release is neither an offer to sell nor the solicitation of an offer to buy the Notes, the Existing Notes or any other securities and shall not constitute an offer to sell or solicitation of an offer to buy, or a sale of, the Notes, the Existing Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful. This press release does not constitute a notice of redemption with respect to the Existing Notes.
For general information on Taseko, see the Company’s website at www.tasekomines.com or contact:
Brian Bergot, Vice President, Investor Relations - 778-373-4533.
Stuart McDonald
President and CEO
https://www.tasekomines.com/investors/news/...-secured-notes-offering
27.04.24 11:43
#3
peter47
Taseko Mines Completes Notes Offering
Taseko Mines Completes Notes Offering
April 23, 2024, Vancouver, BC - Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) ("Taseko") is pleased to announce that it has completed its offering of US$500 million aggregate principal amount of 8.250% Senior Secured Notes due 2030 (“Notes”). A portion of the proceeds will be used to redeem the outstanding US$400 million Senior Secured Notes due 2026 (“Existing Notes”). The remaining proceeds, net of transaction costs and accrued interest, are available for capital expenditures, working capital and general corporate purposes.
Stuart McDonald, President & CEO of Taseko, commented, “We’re pleased to complete this notes offering which provides additional financial flexibility as we advance construction at Florence Copper.”
The Notes will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any other jurisdiction. The Notes will not be qualified by a prospectus in Canada. Unless they are registered or qualified by a prospectus, the Notes may be offered and sold, only in transactions that are exempt from registration requirements and from prospectus qualification under Canadian securities laws. In the United States, the Notes will be offered and sold, only to persons reasonably believed to be "qualified institutional buyers" (as defined in Rule 144A under the Securities Act) and outside the United States, to non-U.S. persons in compliance with Regulation S under the Securities Act.
This press release is neither an offer to sell nor the solicitation of an offer to buy the Notes, the Existing Notes or any other securities and shall not constitute an offer to sell or solicitation of an offer to buy, or a sale of, the Notes, the Existing Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful. This press release does not constitute a notice of redemption with respect to the Existing Notes.
For general information on Taseko, see the Company’s website at www.tasekomines.com or contact:
Brian Bergot, Vice President, Investor Relations - 778-373-4533.
Stuart McDonald
President and CEO
No regulatory authority has approved or disapproved of the information contained in this news release.
https://www.tasekomines.com/investors/news/...ompletes-notes-offering
April 23, 2024, Vancouver, BC - Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) ("Taseko") is pleased to announce that it has completed its offering of US$500 million aggregate principal amount of 8.250% Senior Secured Notes due 2030 (“Notes”). A portion of the proceeds will be used to redeem the outstanding US$400 million Senior Secured Notes due 2026 (“Existing Notes”). The remaining proceeds, net of transaction costs and accrued interest, are available for capital expenditures, working capital and general corporate purposes.
Stuart McDonald, President & CEO of Taseko, commented, “We’re pleased to complete this notes offering which provides additional financial flexibility as we advance construction at Florence Copper.”
The Notes will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any other jurisdiction. The Notes will not be qualified by a prospectus in Canada. Unless they are registered or qualified by a prospectus, the Notes may be offered and sold, only in transactions that are exempt from registration requirements and from prospectus qualification under Canadian securities laws. In the United States, the Notes will be offered and sold, only to persons reasonably believed to be "qualified institutional buyers" (as defined in Rule 144A under the Securities Act) and outside the United States, to non-U.S. persons in compliance with Regulation S under the Securities Act.
This press release is neither an offer to sell nor the solicitation of an offer to buy the Notes, the Existing Notes or any other securities and shall not constitute an offer to sell or solicitation of an offer to buy, or a sale of, the Notes, the Existing Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful. This press release does not constitute a notice of redemption with respect to the Existing Notes.
For general information on Taseko, see the Company’s website at www.tasekomines.com or contact:
Brian Bergot, Vice President, Investor Relations - 778-373-4533.
Stuart McDonald
President and CEO
No regulatory authority has approved or disapproved of the information contained in this news release.
https://www.tasekomines.com/investors/news/...ompletes-notes-offering
04.05.24 09:42
#4
peter47
Taseko Reports First Quarter 2024
Taseko Reports First Quarter 2024 Operational Performance and $50 Million of Adjusted EBITDA
This release should be read with the Company’s Financial Statements and Management Discussion & Analysis ("MD&A"), available at www.tasekomines.com and filed on www.sedarplus.com. Except where otherwise noted, all currency amounts are stated in Canadian dollars. In March 2024 Taseko acquired the remaining 12.5% interest and now owns 100% of the Gibraltar Mine, located north of the City of Williams Lake in south-central British Columbia. Production and sales volumes stated in this release are on a 100% basis unless otherwise indicated.
May 1, 2024, Vancouver, BC – Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) ("Taseko" or the "Company") reports first quarter 2024 Adjusted EBITDA* of $50 million and Earnings from mining operations before depletion and amortization* of $53 million, 38% and 29% higher than the same quarter in 2023. Revenues for the first quarter were $147 million. Net income for the quarter was $19 million ($0.07 per share) and Adjusted net earnings* were $8 million ($0.03 per share).
In the first quarter, Gibraltar produced 30 million pounds of copper and 247 thousand pounds of molybdenum. Mill throughput in the quarter was 7.7 million tons, or 84,400 tons per day, processing an average grade of 0.24% copper. Total operating cash costs (C1)* for the quarter were US$2.46 per pound of copper.
Stuart McDonald, President and CEO of Taseko, commented, “Gibraltar operations performed generally in line with plan in the first quarter, generating strong margins on a realized copper sales price of US$3.89 per pound. The operating team successfully completed a mill component replacement in January and following this maintenance downtime, mill throughput averaged 90,000 tons per day, 6% above the design capacity. The gradual transition to the Connector pit will continue over the next few months, and the in-pit crusher relocation is planned for the second quarter.”
“In late March we acquired the remaining 12.5% interest in Gibraltar and now own 100% of the mine. This transaction is a real positive for Taseko, providing immediate cashflow and production growth. The acquisition cost is spread out over ten years, with the next scheduled payment in 2026, which allows us to focus our financial resources on Florence development. As part of the transaction, we also acquired additional concentrate offtake rights and, with smelter treatment costs at record lows, the timing could not have been better. This additional offtake has now been sold at negative treatment costs, resulting in cost savings of $10 million in the second half of 2024,” continued Mr. McDonald.
“At Florence Copper, initial construction and wellfield development activities are progressing smoothly. There are now three drill rigs operating on the commercial facility wellfield, with a fourth drill to be mobilized in May. A total of ten new production wells have been drilled to date. Site preparation and earthworks for the SX/EW plant area are also underway and construction of the plant is expected to begin later this quarter. It is an exciting time for the Company as we move closer to commercial operations at Florence.
In April, we further strengthened our financial position through the successful refinancing of our senior secured notes. The maturity of the notes has been pushed out to 2030, and the upsizing provides additional cash proceeds and financial flexibility. With the bond refinancing complete, 100% ownership of Gibraltar, and the copper price today at US$4.49 per pound, our business is much improved from just a few months ago.” concluded Mr. McDonald.
*Non-GAAP performance measure. See end of news release
First Quarter Review
First quarter cash flow from operations was $59.6 million and net income was $18.9 million ($0.07 per share) for the quarter;
Earnings from mining operations before depletion and amortization* was $52.8 million, Adjusted EBITDA* was $49.9 million, and Adjusted net income* was $7.7 million ($0.03 per share);
Gibraltar produced 29.7 million pounds of copper for the quarter. Average head grades were 0.24% and copper recoveries were 79% for the quarter;
Gibraltar sold 31.7 million pounds of copper in the quarter (100% basis) at an average realized copper price of US$3.89 per pound;
Total operating costs (C1)* for the quarter were US$2.46 per pound produced;
On March 25, 2024, the Company completed its acquisition of the remaining 12.5% interest in Gibraltar, and now owns 100%. The Company paid $5 million on closing, with the remaining amounts payable over a 10-year period with the next scheduled payment in March 2026;
Construction of the commercial production facility at Florence is advancing with recent site activities focused on site preparations and earthworks for the commercial wellfield and plant area. Wellfield drilling commenced in February and ten new production wells have been drilled to date;
During the quarter, the Company received the first US$10 million deposit from Mitsui & Co. (U.S.A.) Inc. (“Mitsui”) for its copper stream financing and closed its US$50 million royalty financing with Taurus Mining Royalty Fund L.P. (“Taurus”). The Company had a cash balance of $158 million and has approximately $239 million of available liquidity at March 31, 2024; and
On April 23, 2024, the Company completed an offering of US$500 million aggregate principal amount of 8.25% Senior Secured Notes due May 1, 2030. A portion of the proceeds were used to redeem the outstanding US$400 million 7% Senior Secured Notes due on February 15, 2026. The remaining proceeds, net of transaction costs, call premium and accrued interest, are approximately $110 million.
...
https://www.tasekomines.com/investors/news/...lion-of-adjusted-ebitda
This release should be read with the Company’s Financial Statements and Management Discussion & Analysis ("MD&A"), available at www.tasekomines.com and filed on www.sedarplus.com. Except where otherwise noted, all currency amounts are stated in Canadian dollars. In March 2024 Taseko acquired the remaining 12.5% interest and now owns 100% of the Gibraltar Mine, located north of the City of Williams Lake in south-central British Columbia. Production and sales volumes stated in this release are on a 100% basis unless otherwise indicated.
May 1, 2024, Vancouver, BC – Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) ("Taseko" or the "Company") reports first quarter 2024 Adjusted EBITDA* of $50 million and Earnings from mining operations before depletion and amortization* of $53 million, 38% and 29% higher than the same quarter in 2023. Revenues for the first quarter were $147 million. Net income for the quarter was $19 million ($0.07 per share) and Adjusted net earnings* were $8 million ($0.03 per share).
In the first quarter, Gibraltar produced 30 million pounds of copper and 247 thousand pounds of molybdenum. Mill throughput in the quarter was 7.7 million tons, or 84,400 tons per day, processing an average grade of 0.24% copper. Total operating cash costs (C1)* for the quarter were US$2.46 per pound of copper.
Stuart McDonald, President and CEO of Taseko, commented, “Gibraltar operations performed generally in line with plan in the first quarter, generating strong margins on a realized copper sales price of US$3.89 per pound. The operating team successfully completed a mill component replacement in January and following this maintenance downtime, mill throughput averaged 90,000 tons per day, 6% above the design capacity. The gradual transition to the Connector pit will continue over the next few months, and the in-pit crusher relocation is planned for the second quarter.”
“In late March we acquired the remaining 12.5% interest in Gibraltar and now own 100% of the mine. This transaction is a real positive for Taseko, providing immediate cashflow and production growth. The acquisition cost is spread out over ten years, with the next scheduled payment in 2026, which allows us to focus our financial resources on Florence development. As part of the transaction, we also acquired additional concentrate offtake rights and, with smelter treatment costs at record lows, the timing could not have been better. This additional offtake has now been sold at negative treatment costs, resulting in cost savings of $10 million in the second half of 2024,” continued Mr. McDonald.
“At Florence Copper, initial construction and wellfield development activities are progressing smoothly. There are now three drill rigs operating on the commercial facility wellfield, with a fourth drill to be mobilized in May. A total of ten new production wells have been drilled to date. Site preparation and earthworks for the SX/EW plant area are also underway and construction of the plant is expected to begin later this quarter. It is an exciting time for the Company as we move closer to commercial operations at Florence.
In April, we further strengthened our financial position through the successful refinancing of our senior secured notes. The maturity of the notes has been pushed out to 2030, and the upsizing provides additional cash proceeds and financial flexibility. With the bond refinancing complete, 100% ownership of Gibraltar, and the copper price today at US$4.49 per pound, our business is much improved from just a few months ago.” concluded Mr. McDonald.
*Non-GAAP performance measure. See end of news release
First Quarter Review
First quarter cash flow from operations was $59.6 million and net income was $18.9 million ($0.07 per share) for the quarter;
Earnings from mining operations before depletion and amortization* was $52.8 million, Adjusted EBITDA* was $49.9 million, and Adjusted net income* was $7.7 million ($0.03 per share);
Gibraltar produced 29.7 million pounds of copper for the quarter. Average head grades were 0.24% and copper recoveries were 79% for the quarter;
Gibraltar sold 31.7 million pounds of copper in the quarter (100% basis) at an average realized copper price of US$3.89 per pound;
Total operating costs (C1)* for the quarter were US$2.46 per pound produced;
On March 25, 2024, the Company completed its acquisition of the remaining 12.5% interest in Gibraltar, and now owns 100%. The Company paid $5 million on closing, with the remaining amounts payable over a 10-year period with the next scheduled payment in March 2026;
Construction of the commercial production facility at Florence is advancing with recent site activities focused on site preparations and earthworks for the commercial wellfield and plant area. Wellfield drilling commenced in February and ten new production wells have been drilled to date;
During the quarter, the Company received the first US$10 million deposit from Mitsui & Co. (U.S.A.) Inc. (“Mitsui”) for its copper stream financing and closed its US$50 million royalty financing with Taurus Mining Royalty Fund L.P. (“Taurus”). The Company had a cash balance of $158 million and has approximately $239 million of available liquidity at March 31, 2024; and
On April 23, 2024, the Company completed an offering of US$500 million aggregate principal amount of 8.25% Senior Secured Notes due May 1, 2030. A portion of the proceeds were used to redeem the outstanding US$400 million 7% Senior Secured Notes due on February 15, 2026. The remaining proceeds, net of transaction costs, call premium and accrued interest, are approximately $110 million.
...
https://www.tasekomines.com/investors/news/...lion-of-adjusted-ebitda
22.06.24 11:17
#5
peter47
Taseko Announces Tentative Labour Agreement
Taseko Announces Tentative Labour Agreement at Gibraltar Mine
June 16, 2024, Vancouver, BC – Taseko Mines Limited (TSX: TKO; NYSE MKT: TGB; LSE: TKO) ("Taseko" or the "Company") announced today that a tentative agreement has been reached with the unionized workforce at its Gibraltar Mine. The agreement is subject to ratification by union members and voting is expected to occur on Monday and Tuesday this week. If the agreement is ratified, the Company expects to resume operations on Wednesday.
For further information on Taseko, see the Company’s website at www.tasekomines.com or contact:
Investor enquiries: Brian Bergot, Vice President, Investor Relations – 778-373-4554
Media enquiries: Sean Magee, Vice President, Corporate Affairs – 778-373-4533
Stuart McDonald
President and CEO
https://www.tasekomines.com/investors/news/...ment-at-gibraltar-mine/
June 16, 2024, Vancouver, BC – Taseko Mines Limited (TSX: TKO; NYSE MKT: TGB; LSE: TKO) ("Taseko" or the "Company") announced today that a tentative agreement has been reached with the unionized workforce at its Gibraltar Mine. The agreement is subject to ratification by union members and voting is expected to occur on Monday and Tuesday this week. If the agreement is ratified, the Company expects to resume operations on Wednesday.
For further information on Taseko, see the Company’s website at www.tasekomines.com or contact:
Investor enquiries: Brian Bergot, Vice President, Investor Relations – 778-373-4554
Media enquiries: Sean Magee, Vice President, Corporate Affairs – 778-373-4533
Stuart McDonald
President and CEO
https://www.tasekomines.com/investors/news/...ment-at-gibraltar-mine/
22.06.24 11:18
#6
peter47
Taseko Mines: Labour Agreement Ratified
Taseko Mines: Labour Agreement Ratified at Gibraltar Mine
June 19, 2024, Vancouver, BC – Taseko Mines Limited (TSX: TKO; NYSE MKT: TGB; LSE: TKO) ("Taseko" or the "Company") announced today that the union representing workers at its Gibraltar Mine has now ratified the previously announced tentative agreement. The new agreement will be in place until May 31, 2027.
Gibraltar workers have been recalled and mining operations and milling in concentrator #2 are restarting today. Concentrator #1 will remain idle while the crusher relocation project and other scheduled maintenance is being completed.
For further information on Taseko, see the Company’s website at www.tasekomines.com or contact:
Investor enquiries Brian Bergot, Vice President, Investor Relations – 778-373-4554
Media enquiries: Sean Magee, Vice President, Corporate Affairs – 778-373-4533
Stuart McDonald
President and CEO
https://www.tasekomines.com/investors/news/...fied-at-gibraltar-mine/
June 19, 2024, Vancouver, BC – Taseko Mines Limited (TSX: TKO; NYSE MKT: TGB; LSE: TKO) ("Taseko" or the "Company") announced today that the union representing workers at its Gibraltar Mine has now ratified the previously announced tentative agreement. The new agreement will be in place until May 31, 2027.
Gibraltar workers have been recalled and mining operations and milling in concentrator #2 are restarting today. Concentrator #1 will remain idle while the crusher relocation project and other scheduled maintenance is being completed.
For further information on Taseko, see the Company’s website at www.tasekomines.com or contact:
Investor enquiries Brian Bergot, Vice President, Investor Relations – 778-373-4554
Media enquiries: Sean Magee, Vice President, Corporate Affairs – 778-373-4533
Stuart McDonald
President and CEO
https://www.tasekomines.com/investors/news/...fied-at-gibraltar-mine/