Taseko Mines Ltd. releases fourth quarter sales report for 2012

Taseko Mines Ltd. releases fourth quarter sales report for 2012

Taseko Mines Ltd. announced Jan. 7 a fourth quarter total sales of 23.4 pound of copper and 215,000 pounds of molybdenum at its 75 per cent owned Gibraltar Mines near Williams Lake.

“Taking into account mill availability, the mill continued to operate close to design capacity in the fourth quarter. We expect mill availability to steadily increase with GCP3 construction behind us,” Russell Hallbauer, president and CEO of Taseko said. “As we announced in mid-December, GDP3 commissioning continues to progress as we work towards commercial production by the end of March.”

In 2012, total sales were 88.0 million pounds of copper and 1.3 million pounds of molybdenum.