Companies
Revenues fall €150m at Tara Mines as firm admits ‘material uncertainty’ over future
Directors said the company’s financial losses would have been ‘significantly higher’ had the mine not been closed from July 2023
Revenues fell by more than €150 million at Tara Mines last year, with the operator of the Co Meath facility admitting that a “material uncertainty” hangs over its future eight months after it was temporarily closed with the loss of 650 jobs.
Accounts freshly filed with the Companies Registration Office show Tara Mines ended 2023 with operating losses of €76 million, and that its auditors believe its finances could cast “significant doubt” on its ability ...
