BACK

Union at Caserones mine in Chile says no deal in labour talks, strike imminent

9th August 2018

By: Reuters

  

Font size: - +

The main union at Chile's Caserones copper mine said on Wednesday that a last round of labor negotiations with mine operator Lumina Copper had broken down and that a strike was imminent.

The 300-member worker's union said Lumina, which is controlled by a partnership of JX Holding and Mitsui Mining , had taken an "intransigent" position to their demands during a final period of government-mediated talks.

"Negotiations with the company under mediation have failed. Management wanted ... to put an end to the negotiations by offering us a bonus, but they weren't listening to our demands," union president Nelson Iribarren told Reuters.

If Lumina doesn't improve its contract offer by Friday, a strike would begin next Tuesday, August 14, Iribarren said.

The company was not immediately available to comment.

A looming strike at Caserones comes as workers at Chile's Escondida copper mine, the world's largest, enter a final phase of negotiations with miner BHP, heightening uncertainty in copper markets amid growing trade tensions between the U.S. and China.

The union at Caserones had voted to reject Lumina's final contract offer in late July.

The mine produced 122 800 t of copper in 2017, just over two per cent of Chile's total annual copper output.

Edited by Reuters

Comments

The login details you entered is incorrect. Please try and re-enter your username and password. If you continue having problems, please contact us at subscriptions@creamermedia.co.za for assistance.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

R/€ = 20.0778 Change: -0.0305
R/$ = 18.7597 Change: -0.2591
Au 2337.68 $/oz Change: -0.03
Pt 924.10 $/oz Change: -0.10