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IN BRIEF: Taseko Mines Output Falls But Third Quarter Earnings Up

27th Oct 2020 18:04

Taseko Mines Ltd - Vancouver, Canada-headquartered mid-tier copper producer - Says copper output in third quarter ended September down 4.1% annually to 28.9 million pounds from 33.0 million pounds. Sales down 4.9% to 28.6 million pounds, but revenue rises 6.5% to CAD87.8 million, about GBP51.1 million, from CAD82.4 million. Swings to net income of CAD987,000 from CAD24.5 million loss.

Current stock price: 89.90 pence

Year-to-date change: up sharply from 32.50p

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Taseko Mines L.
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