Taseko Reports $42 Million of Adj. EBITDA in Third Quarter - "The third quarter was another very good quarter for Taseko and despite being impacted by the wildfires in central British Columbia we still produced 35 million pounds of copper and generated $42 million of adjusted EBITDA*. Mine personnel did an excellent job of managing through the provincial state of emergency and widespread evacuation orders," highlighted Russell Hallbauer, President and CEO of Taseko. "Manpower levels at times were one quarter of normal levels which impacted mine sequencing and mill operations. Truck and rail shipments were also halted for an extended period which resulted in reduced sales volumes and an increase in copper concentrate inventory of approximately five million pounds, which reduced earnings for the quarter. We expect a significant reduction in concentrate inventory by year end." More
- 10/27/17 | Item |


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