Taseko Mines to receive $180M to joint venture Gibraltar Mine
Taseko Mines announces that it has signed a letter of intent with Sojitz Corporation to establish by early 2010 a joint venture over Taseko's Gibraltar copper/molybdenum mine in which Taseko will hold 75% and Sojitz 25%. Sojitz will pay approximately $180M to Taseko for its 25% interest. Taseko will continue to be the operator of Gibraltar. :theflyonthewall.com
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