Call Start: 11:00 January 1, 0000 11:20 AM ET

Taseko Mines Limited (NYSE:TGB)
Q3 2024 Earnings Conference Call
November 7, 2024 11:00 AM ET

Company Participants

Brian Bergot – Vice President-Investor Relations
Stuart McDonald – President and Chief Executive Officer
Bryce Hamming – Chief Financial Officer
Richard Tremblay – Chief Operating Officer

Conference Call Participants

Alex Bedwany – Canaccord Genuity
Nicholas Clarke – TD Cowen

Operator

Good day and thank you for standing by. Welcome to the Taseko Mines Third Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your speaker today, Brian Bergot, Vice President of Investor Relations. Please go ahead.

Brian Bergot

Thank you, Liz. Welcome, everyone, and thank you for joining Taseko’s third quarter 2024 conference call. The news release and regulatory filing announcing our financial and operational results was issued yesterday after market close and is available on our website at tasekomines.com and on SEDAR+. I am joined today in Vancouver by Taseko’s President and CEO, Stuart McDonald; Taseko’s Chief Financial Officer, Bryce Hamming; and our COO, Richard Tremblay.

As usual, before we get into opening remarks by management, I would like to remind our listeners that our comments and answers to your questions will contain forward-looking information. This information, by its nature, is subject to risks and uncertainties. As such, actual results may differ materially from the views expressed today. For further information on these risks and uncertainties, I encourage you to read the cautionary note that accompanies our third quarter MD&A and the related news release as well as the risk factors particular to our company. These documents can be found on our website and also on SEDAR+.

I would also like to point out that we will use various non-GAAP measures in the call. You can find explanations and reconciliations regarding these measures in the related news release. And finally, all dollar amounts we will discuss today are in Canadian dollars unless otherwise specified. Following opening remarks, we will open the phone lines to analysts and investors for questions.

I would now like to turn the call over to Stuart for his remarks.

Stuart McDonald

Thank you, Brian, and good morning, everyone. I’m glad you’re able to join us today for our review of Taseko’s third quarter operational and financial results. I’ll start with our 100% owned Gibraltar mine, which had a solid operating performance in the period despite the first few weeks of the quarter being impacted by the planned downtime for major mill repairs in one of our two concentrators. This maintenance work and the in-pit crusher move was disrupted by the labor strike in June. But in the third week of July, we were able to restart concentrator number one and ramp back up to full capacity.