Taseko Mines shares surge 10.12% intraday as Florence Copper project advances and production targets met.

Wednesday, Jan 14, 2026 1:56 pm ET1min read
TGB--
Taseko Mines surged 10.12% intraday following updates on its Florence Copper project and 2025 production results. The company announced that construction at Florence Copper is complete, with wellfield operations and SX/EW plant commissioning underway, while Gibraltar’s 2025 production reached 98 million lbs of copper. These operational milestones, including improved recovery rates and throughput at Gibraltar, reinforced investor confidence in the company’s production capabilities and project timelines. The recent $170 million financing in October also provided liquidity, though the immediate price surge was more directly tied to the operational progress reported in late November 2025.

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