Tara Mines' loss of €67m in 2023 could have been 'significantly higher' had operations not ceased 

Mine closed temporarily last summer and directors working with unions to resume operations on a 'sustainable basis'

Tara Mines temporarily closed during the summer last year leaving about 650 staff out of work. 

Meath-based Tara Mines, which has been temporarily closed since the middle of last year, lost over €67m during 2023, but directors believe losses could have been “significantly higher” if operations continued.

Operations in Tara Mines temporarily ceased during the summer, with just essential maintenance being carried out ever since. This left about 650 people out of work.