Taseko Confirms 2012 GDP3 Capital and Project Development Program

Taseko Mines Limited TGB confirmed its Gibraltar Development Plan 3 2012 capital program today, announcing planned expenditures of $134 million this year. The GDP3 investment will increase Taseko's share of copper production capacity to 140 million pounds per year. In addition, Taseko has committed a further $31 million in 2012 for development and advancement of the wholly-owned Aley Niobium Project and New Prosperity Gold-Copper Project, both in British Columbia.