After acquiring Gibraltar in 1999, Taseko restarted operations at what is now Canada’s second-largest open pit copper-molybdenum mine in 2004. Since then, Gibraltar has contributed C$16.3 billion to Canada’s economy, including C$8.3 billion in GDP, with more than half of that impact concentrated in the Cariboo region.
The mine currently supports 2,860 jobs, directly employing 700 workers, and has delivered more than $4 billion in wages over the past two decades.
The mine’s economic footprint extends beyond production. Government revenues from Gibraltar have already reached $2 billion since 2005 and are expected to climb by another $3.1 billion over the next two decades.
Taseko chief executive officer Stuart McDonald emphasized the mine’s enduring role in B.C.’s economy, calling it a…
