- Write by:
-
Tuesday, December 19, 2023 - 22:44:23
-
91 Visit
-
Print
Mining News Pro - Chilean miner Codelco, the world’s No. 1 copper producer, said on Monday it reached contract agreements with three unions, putting off the risk of a strike at the state-run giant.
Codelco reached an early agreement with two unions at its Ventanas division, a copper refinery in the town of Ventanas about an hour from Valparaiso, the miner said in a statement. The 36-month contract offers were accepted by more than 70% of those who voted.
In Santiago, the supervisors’ union, which had been in a formal negotiation period with the company, agreed on a 30-month contract with 92% of the vote.
Codelco said the three new agreements “respond to the current business context and seek to increase the company’s competitiveness,” though it did not disclose their financial details.
The miner is going through a historic production slide due to delays in progress on so-called structural projects, which seek to counteract a dip in deposits’ mineral grade.
Short Link:
https://www.miningnews.ir/En/News/627781
Peru’s dented mining mojo, hit by years of political turmoil in the Andean country, is being buoyed by strong copper ...
Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time ...
As BHP Group considers its next move, there’s one big question facing the mining world’s bankers, analysts and ...
Around $7 billion of infrastructure investments in the Democratic Republic of Congo by Chinese companies in a revised ...
Adani Enterprises Ltd., which posted a 38% fall in quarterly profit, said India’s markets regulator has queried it about ...
China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP ...
BHP Group (ASX: BHP) has deployed a senior team including its chief executive officer to South Africa as the world’s ...
Barrick Gold Corp.’s chief executive officer says the gold miner will continue to host virtual-only annual general ...
China’s copper producers are planning to export up to 100,000 metric tons of metal, the largest volume in 12 years, ...
No comments have been posted yet ...