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Stock impact report

Taseko (TGB) Climbs 11.8% on Looming Copper Site Operations [Yahoo! Finance]

Taseko Mines, Ltd. (TGB) 
NASDAQ:AMEX Investor Relations: tasekomines.com/investors
Company Research Source: Yahoo! Finance
Taseko Mines extended its winning streak to a third straight day on Wednesday, surging 11.81 percent to close at $7.29 apiece as investors took heart from the looming start of operations at its Florence Copper mine in Arizona. In a statement, Taseko Mines Limited (NYSEAmerican:TGB) said that construction activity at Florence Copper is now complete and that it has shifted to wellfield operations and commissioning of the SX/EW plant. “The transition from construction to early-stage operations at Florence has gone smoothly, and we are very pleased with the initial copper recoveries and performance of the commercial wellfield. Our project team is focused on the successful start-up of the SX/EW plant in the coming days, followed by first copper cathode production within a few weeks,” said Taseko Mines Limited (NYSEAmerican:TGB) President and CEO Stuart McDonald. Meanwhile, it also produced last year some 98 million pounds of copper and 1.9 million pounds of molybdenum at its Gibralt Show less Read more
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