This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Taseko Mines loses $2.34-million in third quarter 2009-11-13 03:08 ET - News Release Mr. Russell Hallbauer reports TASEKO ANNOUNCES THIRD QUARTER FINANCIAL RESULTS
Taseko Mines Ltd. has released results for the three and nine months ended Sept. 30, 2009. This release should be read with the company's financial statements and management discussion and analysis, available at the company website and filed on SEDAR.
For the quarter ended Sept. 30, 2009, the company reports an operating profit of $9.4-million and earnings before tax and other items of $4.7-million, compared with an operating profit of $5.2-million and a loss before tax and other items of $1.8-million for the three months ended Sept. 30, 2008. Other items include unrealized (non-cash) loss attributable to derivative instruments. For nine months ended Sept. 30, 2009, the operating profit was $32.7-million and earnings before tax and other items were $24-million, compared with an operating profit of $49.3-million and earnings before tax and other items of $29.9-million for the nine months ended Sept. 30, 2008.
The company had a net loss of $2.34-million for the three months ended Sept. 30, 2009, compared with earnings of $6.87-million for the three months ended Sept. 30, 2008. The remainder is available to Stockwatch subscribers.
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