
Taseko Mines Q3 Copper Production Hits 41M Lbs; Florence Ramp-Up Delayed
Taseko Mines Ltd. announced its third quarter production results, with a total of 41 million pounds of copper from its Gibraltar and Florence Copper operations. Gibraltar produced 34 million pounds of copper, exceeding expectations due to strong grades and improved mill performance. Florence Copper's ramp-up continued with 7 million pounds of copper cathode produced, a 36% increase. While Gibraltar's full-year copper production guidance was increased to 115-120 million pounds, Florence Copper's full-year guidance was revised to 25-28 million pounds due to a delay in wellfield expansion. The company celebrated the commencement of commercial production at Florence Copper with a ceremony attended by EPA Administrator Lee Zeldin.
Key Highlights
- Taseko Mines Ltd. reported Q3 copper production of 41 million pounds from Gibraltar and Florence Copper.
- Gibraltar mine produced 34 million pounds of copper and 380 thousand pounds of molybdenum in Q3.
- Florence Copper facility produced 7 million pounds of copper cathode in Q3, a 36% increase.
- Gibraltar mine production is now expected to be 115-120 million pounds of copper for 2026.
- Florence Copper production is now expected to be 25-28 million pounds of copper for 2026.
- Florence Copper's wellfield expansion is approximately three months behind the original plan.
- Commercial production at Florence Copper was marked with an event attended by EPA Administrator Lee Zeldin.
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