Telson Mining signs Renewable Power purchase agreement leading to big cost savings

Telson Mining signs Renewable Power purchase agreement leading to big cost savings



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Telson Mining (CVE:TSN) President Ralph Shearing joined Steve Darling from Proactive Investors to share news Telson has entered in to a green energy agreement for their Campo Morado mine in Mexico. The deal is for 42.00 GWh of power per year at a set rate that will save the company a significant amount of money.

Shearing said with this new rate and set costs it allows them to better plan their capital spend per year and will end up equating to a 3.5 percent decrease in overall operating costs.