Gibraltar expansion nears end of phase 1
Taseko sees increased profits while investing in major upgrades at copper-moly mine that are improving recovery and throughput
Last updated 8/26/2007 at Noon
The expansion of Vancouver-based Taseko's Gibraltar mine in south-central British Columbia is progressing rapidly and the company's revenues are up, Taseko announced in its third-quarter report Aug. 14. Cash flow from operations was C$14.6 million in the third quarter of this year, an increase of $2.2 million over the same period last year. Gibraltar produced 12.7 million pounds of copper in th...