| Chile's Los Pelambres copper mine workers vote next week on new contract -union | |
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By Antonio De la Jara SANTIAGO, March 1 (Reuters) - The main union of Chile's Los Pelambres copper mine will vote next week on a new contract its members have not yet received and which could lead to a strike if they refuse, a union leader told Reuters on Thursday. The president of the union for Los Pelambres, a unit of the local group Antofagasta, said the company's proposal would be finalized no later than Friday. "We are waiting for the last offer, I do not know if it will meet the expectations, in the early negotiation we did not reach an agreement," Sergio Munoz said. "Now it will be decided in a vote next week and there are two roads: we accept the proposal or we reject and we are going to strike." In the list of petitions to the company, Munoz detailed that they seek a wage increase of 4.0 percent, monthly bonuses and a signing bonus. He added that in case the union rejects the company's offer, the 447 members have already raised $437,000 to face and settle the costs of an eventual strike. Los Pelambres, which has received environmental approval for a $1.1 billion optimization plan, produced 356,300 tons of copper last year. (Reporting by Antonio De la Jara; Writing by Cassandra Garrison; editing by Grant McCool) |
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Antofagasta plc
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PRODUCER |
CODE : ANTO.L |
ISIN : GB0000456144 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Antofagasta is a copper and gold producing company based in United kingdom. Antofagasta produces copper, gold, molybdenum and silver in Chile, develops copper and gold in Chile and in Pakistan, and holds various exploration projects in Australia, in Chile, in Peru and in Sweden. Its main assets in production are MICHILLA, EL TESORO MINE, LOS PELAMBRES, EL TESORO, ESPERENZA (OXIDES) and ESPERANZA (SULPHIDES) in Chile, its main assets in development are REKO DIQ in Pakistan and LINCE/MICHILLA in Chile and its main exploration properties are PUNT HILL and PYRAMID ( ALASKA) in Australia, KIRUNA SOUTH in Sweden, CORDILLERA DE LAS MINAS in Peru and ANTUCOYA in Chile. Antofagasta is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is GBX 2 223.1 billions as of today (US$ 2 594.8 billions, € 2 425.1 billions). Its stock quote reached its lowest recent point on October 18, 2002 at GBX 100.00, and its highest recent level on April 26, 2024 at GBX 2 255.00. Antofagasta has 985 856 000 shares outstanding. |