BRIEF-Taseko Mines says it signed agreement to defer power costs for Gibraltar mine

Mon Apr 11, 2016 6:05pm EDT
 
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April 11 (Reuters) - Taseko Mines Ltd

* An agreement to defer up to 75% of power costs for Gibraltar mine has been signed

* Deferral program will reduce gibraltar's annual spending by up to C$18 million

* Impact of cost deferral program is equivalent to a further c$0.60 per ton milled reduction

* Agreement to defer up to 75% of power costs for gibraltar mine retroactive to March 1, 2016 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)