Taseko Mines Suspends Operations at Gibraltar Mine Amid Labor Dispute

Taseko Mines has suspended operations at its Gibraltar Mine following an unresolved collective bargaining process with union representatives. Negotiations, which have been ongoing in recent weeks, concluded without an agreement late yesterday. The unionized workforce at Gibraltar informed the company of their intent to strike as of midnight on May 31, 2024. In response, Taseko opted to shut down mining and milling operations before the deadline. The mine is now on care and maintenance, with essential staff maintaining critical systems.

Taseko remains dedicated to the bargaining process and aims to reach a fair agreement. Further information can be found on the company's website.

Stuart McDonald, President and CEO of Taseko Mines, reiterated the company's commitment to resolving the labor dispute and ensuring the welfare of its workforce and operations.