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Taseko Q1 FY26 net income returns to profit at Cdn$ 16.8 million; revenue rises 70.39% to Cdn$ 237.1 million

PUBT·05/06/2026 22:30:45
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Taseko Q1 FY26 net income returns to profit at Cdn$ 16.8 million; revenue rises 70.39% to Cdn$ 237.1 million
  • Taseko Mines posted Q1 2026 net income of CAD 16.8 million, swinging from a loss a year earlier, as revenue rose 70.4% to CAD 237.1 million.
  • Adjusted EBITDA more than doubled to CAD 93.5 million, while earnings from mining operations before depletion and amortization and non-recurring items climbed 195% to CAD 114.6 million.
  • Gibraltar produced 30 million pounds of copper at total operating cost (C1) of USD 2.63 per pound, while copper sales totaled 27 million pounds at an average realized price of USD 5.74 per pound.
  • Florence Copper produced 1.5 million pounds of copper cathode, with first cathodes harvested at end-February following SX/EW plant startup in mid-February.
  • 2026 output outlook held at 110 million to 115 million pounds of copper at Gibraltar, while Florence copper cathode production forecast stayed at 30 million to 35 million pounds.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Taseko Mines Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605061807OMX_____CNEWS_EN_GNW9714950_en) on May 06, 2026, and is solely responsible for the information contained therein.