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Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

Taseko Mines Limited is a Canada-based copper focused mining company. The Company's principal assets are the 100% owned Gibraltar mine (Gibraltar), which is located in central British Columbia and is one of the largest copper mines in North America and the Florence Copper project, which is under construction. The Company also owns the Yellowhead copper, New Prosperity gold-copper, and Aley niobium projects. The Florence Copper project is located south of Phoenix in the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola region of British Columbia, approximately 150 kilometers (km) northeast of Kamloops near the town of Vavenby. The Aley niobium project is located in northeast British Columbia. The New Prosperity property is located in south-central British Columbia and hosts one of the most significant copper and gold deposits in Canada. It is also located in an area of cultural significance to the Tsilhqot'in Nation, known as Teztan Biny and Nabas.


TSX:TKO - Post by User

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Post by gheetsmithon Feb 09, 2017 12:20pm
113 Views
Post# 25823262

Strike started

Strike startedAs per predicted yesterday workers did not show up today

Workers at BHP Billiton's (BHP.AX)(BLT.L) Escondida in Chile, the world's biggest copper mine, walked off the job on Thursday, their union said, marking the start of a strike that threatens to disrupt the international supply of the widely used industrial metal.

It said no miners arrived for morning work aboard buses which normally deliver them to the vast deposit, which accounted for about 6 percent of global production in 2015.

"The buses are empty, there are no workers in them to replace the night shift," union spokesman Carlos Allendes told Reuters. "The strike is now in effect."

The union has warned that it is prepared for a lengthy strike.

At a camp near the mine, protesting workers settled in for the long haul, equipped with stockpiles of gas cylinders, portable cookers and tents to weather the Chilean high desert's scorching sun and frigid nights.

Escondida's processing plants, which had begun going offline on Wednesday, are now completely stopped, the union added.

Striking workers also blocked roads at the Coloso port, where hundreds of thousands of tonnes of copper are shipped annually.

"We are united and strong to make sure this is a success considering the measures the company has taken against its workers," said Claudio Perez, plant worker at the Coloso port.

BHP Billiton spokesmen were not immediately available for comment.

BHP has said it would halt production during the strike because it could not guarantee the safety of the 80 workers the government had authorized to perform critical duties, such as equipment upkeep and adhering to environmental protocols.

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