Taseko Mines to Produce More Molybdenum in 2010

  • Monday, April 12, 2010
  • Source:

  • Keywords:Taseko Mines, molybdenum,copper
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Taseko Mines said that production of copper for 2010 should be more than 80 million pounds, up from 70.3 million pounds of copper and 600,000 pounds of molybdenum in 2009.
 
It added that "The company's fourth quarter revenue stood at CAD 56 million, up sequentially from CAD 40.1 million, helped by increased concentrate sales and higher average realized copper prices. It posted a quarterly operating profit of CAD 15.6 million as compared with CAD 9.4 million in the third quarter."
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