Taseko Mines Limited announced that operations at the Company's Gibraltar Mine have been suspended. Collective bargaining with Gibraltar's union representatives has been ongoing in recent weeks, and ended late on June 2, 2024, without an agreement being reached. Gibraltar's unionized workforce informed the Company that they intended to take strike action as of midnight, May 31, 2024.

The Company elected to systematically shut down mining and milling operations prior to the midnight deadline, and the mine is now on care and maintenance with only essential staff operating and maintaining critical systems. The Company remains committed to the bargaining process and reaching a fair and equitable agreement.