Taseko Mines confirms 2026 guidance near 150M lb copper, $120M capex
Taseko Mines said Q4 copper production met annual targets and operating costs remained stable, while it confirmed 2026 guidance near 150 million pounds. The company outlined $120 million in capital spending to advance the Gibraltar project.
1. Q4 operational performance
In its Q4 earnings call, Taseko Mines reported copper output at the Gibraltar mine met full-year targets and highlighted stable all-in sustaining costs. Management noted strong operating cash flow supported by efficiency gains and cost-control measures.
2. Guidance and capital plan
The company reconfirmed a 2026 copper production target of approximately 150 million pounds and approved $120 million for capital expenditures, primarily for the Gibraltar expansion. Key milestones include plant upgrades expected to complete by mid-2027, enhancing throughput capacity.