On June 1, greater than 500 staff on the mine situated north of Williams Lake, BC, went on strike after talks over a brand new collective settlement broke down following months of negotiations.
Acquired in 1999, the Gibraltar mine is presently Taseko’s solely producing asset, anchored by a big mineral reserve base that’s anticipated to assist a mean annual copper manufacturing of 130 million kilos till not 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.
In 2024, the mine is predicted to provide 115 million kilos of copper, having already exceeded its steerage final yr with 122.6 million kilos produced.