Taseko Reports Second-Quarter Loss on Hedging Charge, Revenue Down

Winnepeg Free Press reported that Taseko Mining (TSX:TKO) is again seeking approval for a proposal to revive the Prosperity project.

The market news is quoted as saying:

Taseko submitted a revised project description to the federal government earlier this year in hopes of reviving the Prosperity project with a plan that adds $300 million in capital and operating costs to the proposed mine, which was previously expected to cost about $800 million.

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