Taseko in discussions with Sojitz for Gibraltar Mines share acquisition

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Taseko Mines says it is in confidential talks with Sojitz Corp over the potential purchase of the latter\u0027s share in Gibraltar Mines. Read on

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Gibraltar Mines is operated through a joint venture, with Taseko owning 75 per cent and Cariboo Copper Corporation holding the rest. Sojitz owns 50 per cent of Cariboo, with Furukawa Co and DOWA Holdings holding 25 per cent each. Furukawa and DOWA separately said they had made no decisions on the future of their stakes in the mine.

 

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