Tara Mines owner Boliden tops earnings estimates in first quarter
Miner warns that higher metal prices and a stronger dollar had reversed since the end of the reporting period
Miner warns that higher metal prices and a stronger dollar had reversed since the end of the reporting period
The mine reopened recently having been closed since July 2022
Swedish metals producer’s profits hit in recent quarters by falling metal prices, lower mining grades and the suspension of production at its Tara zinc mine
Agreement provides for ‘very significant’ levels of change and job losses but should provide ‘certainty’ for more than 400 workers
The deal provides for about 150 redundancies on top of the roughly 50 jobs already lost to retirement
Boliden unit gets planning permission from Meath County Council
Tara Mines production has been shut down since last July, with 650 workers temporarily laid off
Operations at Co Meath-based mine, which is owned by Swedish parent Boliden, were temporarily suspended in July
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Boliden CEO refuses to guarantee mine will be reopened
Company wrote to staff on Friday outlining ‘rescue plan’ that provides for substantial restructuring
Union rails against proposals put forward by mine owner Boliden at WRC
Management and group of unions will meet next week at Workplace Relations Commission in effort to restart operations by second quarter of the year
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