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Taseko President & CEO Stuart McDonald speaks to Resource Stock Digest
August 08, 2023
Taseko President & CEO Stuart McDonald speaks to Resource Stock Digest about the Company’s production profile, near-term growth opportunity at Florence Copper and recent partnership with Mitsui.
“Next for us, as I noted, is our Florence Copper project. That will become our second mine. We’re just awaiting a final permit, which we expect imminently here in the next few weeks or next couple of months at least. And that will go into construction and should be online in early 2025. That will add meaningful growth to our copper production.
At Gibraltar, we’re producing 120 to 130 million pounds. Florence is going to add about 85 million pounds to that. So very meaningful growth in the top line. And at the same time, also a very low-cost operation in Arizona. It’s going to bring down our overall costs and increase our margins, which is what this is all about.
It’s a very exciting opportunity. I don’t think there are many copper companies around that have that level of production growth ahead of them in the next two or three years. It’s exciting.”