06:25 AM EDT, 06/03/2024 (MT Newswires) -- Taseko Mines ( TGB ) suspended operations at its Gibraltar mine in British Columbia after ending collective bargaining talks with the mine's union representatives on Sunday without an agreement being reached.

Gibraltar's unionized workforce sent notice that they intended to strike as of midnight May 31. Taseko elected to systematically shut down mining and milling operations prior to that deadline and the mine is now on care and maintenance, with only essential staff operating and maintaining critical systems.

The company said it remains committed to the bargaining process and reaching an equitable agreement.