Base metals miner Taseko is sticking to its production plans for 2020 and will also continue with work on its US copper project, noting that the current mine shutdowns will only exacerbate the supply deficit in the coming years.
The company, which produces copper from the Gibraltar mine, in British Columbia, and the Florence project, in Arizona, expects to produce about 130-million pounds this year, and said that production could be at the higher-end of that range.
Taseko in March introduced a number of changes at the Gibraltar mine in response to the lower copper price environment. These included cost reduction initiatives and spending deferrals.