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Taseko Mines Q2 Adj. Profit Rises - Quick Facts

Taseko Mines Ltd. (TGB, TKO.TO) reported that its second-quarter Adjusted net earnings was C$4.0 million or C$0.02 per share, up from C$1.7 million or C$0.01 per share in the year ago quarter.

Revenues for the second quarter 2012 were C$74.4 million from the sale of 19.8 million pounds of copper and 271 thousand pounds of molybdenum.

The company said it expect to process 9.0 to 9.5 million tons of ore in the second half of 2012, inclusive of downtime associated with tie-ins for the GDP3 project.

by RTTNews Staff Writer

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