R/€ = 15.90 Change: -0.01
R/$ = 14.08 Change: 0.00
Au 1320.93 $/oz Change: 5.93
Pt 805.07 $/oz Change: 17.61
 
 
R/€ = 15.90 Change: -0.01
R/$ = 14.08 Change: 0.00
Au 1320.93 $/oz Change: 5.93
Pt 805.07 $/oz Change: 17.61
 
 
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Codelco agrees contract with Gabriela Mistral mine workers

7th December 2018 BY: Reuters

SANTIAGO – Chile's state copper miner Codelco said on Thursday it had reached agreement on a new collective labor contract in early negotiations with the union of workers at its Gabriela Mistral mine in northern Chile.

The 36-month contract included a signing bonus of 4.2-million pesos and a 2-million peso premium paid to workers for agreeing to the early negotiation, Codelco, the world's No. 1 copper producer, said in a statement.

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The deal, approved by 91.7% of the union, also included 1.1% salary increases, Codelco said.

Gabriela Mistral produced around 122 700 t of copper in 2017. 

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EDITED BY: Reuters
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