Taseko Reports Strong Q1 Production: Florence 1.5M lbs, Gibraltar 30M lbs

Taseko Mines reported strong first-quarter production results from its Florence Copper and Gibraltar Mine operations. Florence Copper, which began operations in mid-February, produced 1.5 million pounds of copper cathode, with initial leaching and production meeting expectations. The company is now focused on ramping up production by integrating newly constructed wells. Gibraltar Mine produced 30.0 million pounds of copper and 717 thousand pounds of molybdenum, marking significant increases of 50% and 113% respectively over Q1 2025, with improved recoveries. Despite rising diesel costs, Taseko anticipates strong financial performance from steady Gibraltar output and growing Florence production, benefiting from strong copper markets and a fixed sulphuric acid contract for Florence.