VANCOUVER, Dec. 27, 2012 /PRNewswire/ - Taseko (TSX: TKO; NYSE MKT: TGB) (the "Company") announces that the new labour agreement (announced December 19) was successfully ratified by its unionized employees. This new agreement will be in place until May 31, 2016.
Russell Hallbauer, President and CEO of Taseko, commented, "We are pleased that the Company and its unionized employees were able to reach a new labour agreement. We believe the new deal is fair for our unionized employees and also provides Taseko with long-term, stable labour costs. Our workforce at Gibraltar has doubled in the last five years as the capital investments made by Taseko have created long-term, well-paying jobs in the Cariboo Region."
Mr. Hallbauer added, "The timing of the new labour agreement is opportune, with the new GDP3 project just weeks away from being handed over from the construction contractors to Gibraltar operations for ramp up."
President and CEO
No regulatory authority has approved or disapproved of the information contained in this news release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This document contains "forward-looking statements" that were based on Taseko's expectations, estimates and projections as of the dates as of which those statements were made. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "outlook", "anticipate", "project", "target", "believe", "estimate", "expect", "intend", "should" and similar expressions.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These included but are not limited to:
For further information on Taseko, investors should review the Company's annual Form 40-F filing with the United States Securities and Exchange Commission www.sec.gov and home jurisdiction filings that are available at www.sedar.com.
SOURCE Taseko Mines Limited