In an announcement by Unifor, their consultant union, it was alleged that Taseko had “refused to barter fundamental phrases” and “proven little curiosity in avoiding a disruption on the copper mine.”
The miner was subsequently compelled to droop mining and milling operations, leaving solely important employees on website to keep up vital methods.
Acquired in 1999, the Gibraltar mine is at present Taseko’s solely producing asset, anchored by a big mineral reserve base that might help a mean annual copper manufacturing of 130 million lb. till at the least 2044.
Now in its twentieth yr of operation, Gibraltar represents the second-largest open-pit copper mine in Canada, owing to $800 million of spending on a number of phases of modernization and enlargement.
The brand new collective settlement would spell the top of the two-week work stoppage on the largest employer within the Cariboo area. In 2024, the mine is predicted to supply 115 million lb. of copper, having already topped its steerage final yr with 122.6 million lb. produced.
The brand new settlement stays topic to ratification by union members, and voting is predicted to happen early this week. If the settlement is ratified, Taseko expects to renew operations on Wednesday.