Taseko CFO Jumps Ship

Vancouver, British Columbia-based Taseko Mines (NYSEMKT: TGB  ) needs to find itself a new chief financial officer. The one it had has flown the coop.

On Monday, Taseko announced that CFO Peter Mitchell has resigned from the company "to accept a CFO role with a US-Based mining company" that was not identified. So far, no other miner has announced his hiring, either.

Taseko says it will begin searching for a replacement immediately. Investors -- perhaps less than pleased with the 24% decline in their stock's market cap over the past year -- didn't seem too upset to see Mitchell go, either. To the contrary, Taseko shares gained 0.4% in Monday trading to close at $2.38.


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  • Report this Comment On May 08, 2013, at 10:24 PM, WiseChoice4u2 wrote:

    Thanks for the info. Sure have gotten beaten up on this stock. Lots of hype but no gold and little copper. Let me know if you think this is still going up. More copper produced and higher prices should help. But maybe the market is getting flooded from Indonesia.

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