Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Strike Alert! Canada’s Second-Largest Copper Mine Faces Shutdown

theguru Views  

Canada’s second-largest Gibraltar copper-molybdenum mine is on the verge of production suspension. As collective agreement negotiations between labor and management are at a deadlock, the possibility of a strike increases.

The union representing miners at the Gibraltar copper mine stated on the 28th that they’re prepared to go on strike if the new contract is not reached by the end of this week.

The statement states that 98% of members are willing to strike if a collective agreement is not reached within the deadline. Also, it emphasizes that the workers deserve fair wages, strong safety protocols, and equitable treatment.

According to the union statement, Taseko, the owner of the Gibraltar mine, failed to make a meaningful proposal at the negotiation table before the collective agreement expires on the 31st.

Union Chairman Gavin McGarrigle criticized Taseko, saying, “If Taseko wants to avoid a strike, they need to address the fundamental issues seriously.”

The Gibraltar mine is located near McLeese Lake in British Columbia, Canada, and boasts the second-largest scale in Canada and the fourth in North America.

Placer Development Ltd. of Vancouver first opened the Gibraltar mine in 1972. It was sold to Westmin Resources in 1996, which led to its closure in 1998. Taseko Mines then purchased Gibraltar in July 1999 and re-opened it in October 2004.

Taseko invested $76 million in the first phase of expansion, $40 million in the second, and $325 million in the third.

According to Taseko, the Gibraltar mine is estimated to have reserves of 2.4 billion pounds of copper and 69 million pounds of molybdenum.

theguru
content@viewusglobal.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • Apple Hunts for AI Partners in China Amid Tech Tensions
  • Who's the Richest CEO in Tech? NVIDIA's Huang Tops the Chart with $34 Million
  • Investors Eye India as Stock Market Hits Trillion-Dollar Milestone
  • How NVIDIA is Fueling a Surge in Crypto Markets!
  • NVIDIA's Boom: How Stock Options Turned Employees into Millionaires!
  • AI Sparks a New Era for Electric Grid, Says Nvidia CEO

Weekly Best Articles

  • Are Your Dreams Trying to Tell You Something? Exploring the Science of Nightmares
  • Night Owls Beware: Late Nights Linked to Higher Mental Health Risks
  • Managing Diabetes in the Summer Heat: What You Need to Know
  • Xi Warns Putin: Stay Away from Pyongyang to Avoid Western Backlash
  • Thyme Extract Shows Promise for Male Menopause
  • U.S. Military on High Alert After North Korea and Russia Form Strategic Alliance
  • Putin Warns South Korea: Arms Support to Ukraine a ‘Big Mistake’
  • Apple Hunts for AI Partners in China Amid Tech Tensions
  • Russian Diplomat Drunk Drives and Refused Breathalyzer Test
  • Russia is Taxing the Wealthy Elites for their War Agenda
  • Is TikTok Safe for Kids? U.S. Government Investigates its Potential Violations
  • Who’s the Richest CEO in Tech? NVIDIA’s Huang Tops the Chart with $34 Million

You May Also Like

  • 1
    Canada Mulls Tariffs on Chinese EV Amid Global Pressure

    WORLD 

  • 2
    U.S. Countermoves: Bolstering Ties with Vietnam as Putin Visits

    LATEST 

  • 3
    Is It Art or Aliens? Las Vegas Police Stumble Upon Strange Structure

    LATEST 

  • 4
    South Korea Mulls Arms Support for Ukraine Amid Russia's Military Pact with North Korea

    ASIA 

  • 5
    Tiger Woods' Son, Charlie, Makes Headlines with Top Performance in Golf Qualifiers

    SPORTS 

Popular Now

  • 1
    North Korea Allegedly Constructs New Defensive Line Near Southern Border

    ASIA 

  • 2
    Soccer's Ugly Side: Son Heung-min Targeted with Racist Comments by Bentancur

    SPORTS 

  • 3
    South Korea Scores $500M Legal Victory in U.S. Supreme Court Battle

    WORLD 

  • 4
    South Korea to Reconsider Arms Support to Ukraine Amid Russian Pressure

    LATEST 

  • 5
    U.S. Gunship AC-130J Fires Up in South Korea: Joint Air Exercises Heat Up

    ASIA 

Weekly Best Articles

  • Are Your Dreams Trying to Tell You Something? Exploring the Science of Nightmares
  • Night Owls Beware: Late Nights Linked to Higher Mental Health Risks
  • Managing Diabetes in the Summer Heat: What You Need to Know
  • Xi Warns Putin: Stay Away from Pyongyang to Avoid Western Backlash
  • Thyme Extract Shows Promise for Male Menopause
  • U.S. Military on High Alert After North Korea and Russia Form Strategic Alliance
  • Putin Warns South Korea: Arms Support to Ukraine a ‘Big Mistake’
  • Apple Hunts for AI Partners in China Amid Tech Tensions
  • Russian Diplomat Drunk Drives and Refused Breathalyzer Test
  • Russia is Taxing the Wealthy Elites for their War Agenda
  • Is TikTok Safe for Kids? U.S. Government Investigates its Potential Violations
  • Who’s the Richest CEO in Tech? NVIDIA’s Huang Tops the Chart with $34 Million

Must-Reads

  • 1
    Canada Mulls Tariffs on Chinese EV Amid Global Pressure

    WORLD 

  • 2
    U.S. Countermoves: Bolstering Ties with Vietnam as Putin Visits

    LATEST 

  • 3
    Is It Art or Aliens? Las Vegas Police Stumble Upon Strange Structure

    LATEST 

  • 4
    South Korea Mulls Arms Support for Ukraine Amid Russia's Military Pact with North Korea

    ASIA 

  • 5
    Tiger Woods' Son, Charlie, Makes Headlines with Top Performance in Golf Qualifiers

    SPORTS 

Popular Now

  • 1
    North Korea Allegedly Constructs New Defensive Line Near Southern Border

    ASIA 

  • 2
    Soccer's Ugly Side: Son Heung-min Targeted with Racist Comments by Bentancur

    SPORTS 

  • 3
    South Korea Scores $500M Legal Victory in U.S. Supreme Court Battle

    WORLD 

  • 4
    South Korea to Reconsider Arms Support to Ukraine Amid Russian Pressure

    LATEST 

  • 5
    U.S. Gunship AC-130J Fires Up in South Korea: Joint Air Exercises Heat Up

    ASIA 

Share it on...