In an announcement by Unifor, their consultant union, it was alleged that Taseko had “refused to barter primary phrases” and “proven little curiosity in avoiding a disruption on the copper mine.”
The miner was subsequently pressured to droop mining and milling operations, leaving solely important workers on website to keep up essential techniques.
Acquired in 1999, the Gibraltar mine is presently Taseko’s solely producing asset, anchored by a big mineral reserve base that may assist a mean annual copper manufacturing of 130 million lb. till no less than 2044.
Now in its twentieth yr of operations, Gibraltar is the second-largest open-pit copper mine in Canada, owing to $800 million in spending on a number of phases of modernization and enlargement.
The brand new collective settlement would spell the tip 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 steering 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.