01:54:52 EDT Tue 01 Jul 2025
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Taseko Mines Ltd
Symbol TKO
Shares Issued 304,675,195
Close 2025-02-06 C$ 2.85
Market Cap C$ 868,324,306
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Globe says Taseko hears call for resource security

2025-02-07 07:57 ET - In the News

The Globe and Mail reports in its Friday edition that the threat of U.S. tariffs is firing up a brand of Canadian resource nationalism not seen in decades, inspiring a rallying call for this country to build more of its own energy, power and mining infrastructure. A four-bylined item led by Niall McGee says that executing on that plan will be no easy feat. U.S. President Donald Trump earlier this week backed off from immediately imposing tariffs on Canadian imports, but the risk remains high that he will follow through after a 30-day reprieve runs out. Canada's resource sector is looking to diversify away from the United States. Premier David Eby, meantime, is already fast-tracking the permitting of resource projects, as he presses an agenda aimed at pivoting British Columbia's resource-heavy economy away from the U.S. "Let's build more mines and ship our products to the U.S., if they'll take them without tariffs," said Stuart McDonald, chief executive officer of Taseko Mines, operator of Canada's second-biggest copper mine. "If not, these are resources that can be sold to Asia or elsewhere." Adam Waterous, CEO of Waterous Energy Fund, called for construction of the Northern Gateway and Energy East pipelines.

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