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Taseko Announces Tentative Labour Agreement at Gibraltar Mine
TKOTKO (TKO) Prnewswire·2024-06-16 17:43

Core Points - Taseko Mines Limited has reached a tentative agreement with the unionized workforce at its Gibraltar Mine, pending ratification by union members, with voting expected on Monday and Tuesday [1] - If ratified, operations at the Gibraltar Mine are expected to resume on Wednesday [1] Company Summary - Taseko Mines Limited is listed on multiple exchanges including TSX, NYSE MKT, and LSE [1] - The company is primarily focused on mining operations, particularly at the Gibraltar Mine [1] Industry Context - The mining industry faces uncertainties related to market prices of copper and other metals, economic conditions, inflation, and demand for input costs [3] - The ongoing geopolitical situation, including the war in Ukraine, has created volatility in commodity markets and disrupted international trade [3] - The impact of COVID-19 continues to affect operations, supply chains, and economic conditions, particularly in relation to the demand for copper [3]