Taseko Purchases $100 Million in Mining and Milling Equipment
Taseko Mines Limited (Toronto:TKO.TO - News)(AMEX:TGB - News) (”Taseko” or the “Company”) is pleased to announce that it has finalized negotiations for the purchase of the key mining and milling equipment required for the Phase III expansion at its 100% owned Gibraltar copper-molybdenum mine.
The Company has entered into binding agreements to purchase two Bucyrus 495 mining shovels, a Bucyrus 49R production drill, four 240 ton Terex haulage trucks and a 28-foot semi autogeneous grinding (”SAG”) mill, which is of sufficient size to process an additional 30,000 tons of Gibraltar ore per day. Read more…
June 30th, 2008 | No Comments »
