https://www.miningweekly.com
Copper
Copper
copper

Codelco reaches labor agreement with union at small Salvador division

16th September 2021

By: Reuters

  

Font size: - +

SANTIAGO - Chile's State-owned Codelco, the world's largest copper producer, said on Wednesday it had reached agreement on a labor contract with a union representing workers at its small Salvador division in northern Chile.

The miner and the Benito Tapia Tapia union No. 6 signed a 36-month deal that includes a $5 200 signing bonus as well as production-linked benefits, the company said in a statement.

The company's final contract offer was approved by 61% of the union workers who voted, Codelco said.

Soaring copper prices this year have handed unions in Chile more leverage than in the recent past, ratcheting up tensions in some labor negotiations, including a prolonged strike at Codelco's Andina mine near Santiago.

Salvador, an aging deposit that has experienced declining ore grades and low productivity, has embarked on a $1.4-billion upgrade to extend its life.

The division produced 56 300 t of copper in 2020.

Edited by Reuters

Comments

Showroom

Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024
Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.215 0.251s - 93pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: