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IN BRIEF: Taseko Mines promotes Operations vice president to COO

ALN

Taseko Mines Ltd - North America-focused mining company - Appoints Richard Tremblay as chief operating officer. Tremblay joined Taseko in 2014 as general manager of its Gibraltar copper-molybdenum mine in British Columbia, Canada. He was later promoted to senior vice president of Operations. Taseko says Tremblay ‘will continue to have responsibility for all of Taseko’s operations and project development activities’, and ‘has been instrumental in the development of the Florence Copper project’. Company also hires Terry Morris as vice president of Operations.

Chief Executive Officer Stuart McDonald says: ‘These changes to our senior operating team provide additional management capacity to support our growth plan and strategy of becoming a North America focused, multi-asset copper producer.

‘Our recent successful permitting and financing milestones are significant steps towards realizing the full value of our Florence Copper project, which is now transitioning into the construction phase, with commercial operations expected in 2025.’

Current stock price: 98.00 pence

12-month change: down 11%

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