Alexander Bedwany's questions to Taseko Mines Ltd (TGB) leadership • Q4 2024
Question
Alexander Bedwany of Canaccord Genuity inquired about the drivers behind higher Q4 sustaining CapEx at Gibraltar, the outlook for FY'25, the status of acid supply contracts for Florence, and current quarter throughput at Gibraltar.
Answer
CFO Bryce Hamming explained that the Q4 CapEx was due to routine timing of mobile fleet maintenance and guided for $20-$30 million in 2025. COO Richard Tremblay added that an RFP for acid supply at Florence will be issued in Q1 2025 and confirmed that Gibraltar's throughput remains strong, though Q1 production will be lower due to the use of stockpiled ore.