- Write by:
-
Saturday, May 15, 2021 - 13:30:44
-
702 Visit
-
Print
Mining News Pro - A union representing workers at BHP’s Escondida and Spence mines in Chile has rejected the company’s contract offer, raising the risk of a strike at the two sprawling copper deposits, the union’s president told Reuters on Friday.
The union’s 205 workers run the company’s Integrated Operations Centre which manages cathode and concentrator plants in the north of the country from the Chilean capital Santiago.
Union president Jessica Orellana told Reuters that 97% of the group’s workers had voted to reject the deal. The standoff comes as the global price of copper has soared, hitting decade-long highs and providing leverage to unions looking to top up existing contracts and benefits.
Chilean law allows either party to now request a five-day government mediation period, extendable for an additional five days, ahead of any eventual strike.
BHP told Reuters in a statement it believed the two parties could still reach an agreement.
“Considering the willingness for dialogue and good faith shown throughout the entire process, the company is confident in a satisfactory agreement for both parties,” BHP said.
Escondida, the world’s largest copper deposit, produced 1.19 million tons in 2020, while Spence produced 146,700 tons.
Short Link:
https://www.miningnews.ir/En/News/613499
Copper briefly traded through $10,000 a ton as investors raised bets on Federal Reserve rate cuts, and Goldman Sachs ...
BHP’s plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed ...
First Quantum Minerals said on Monday it is looking forward to talks with Panama’s new government to find a resolution ...
BHP has put South Africa and its mining sector on the spot. The $140 billion Australian group’s ambitious swoop on rival ...
Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in ...
Central Puerto SA, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc.’s Los ...
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 ...
No comments have been posted yet ...