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Taseko eyes restart of molybdenum circuit as prices rise

With molybdenum prices starting to recover, dual-listed Taseko Mines is considering its options to restart the molybdenum circuit at the Gibraltar mine, in British Columbia. The recent edging up of the price of molybdenum to $6.50/lb prompted the Canada-headquartered firm to consider the possibility of placing the operation back on track after being idled since the third quarter of 2015, owing to the low market price of the commodity.