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Striking union workers at Chile's Caserones copper mine accept contract deal, Lundin says
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Striking union workers at Chile's Caserones copper mine accept contract deal, Lundin says
Aug 29, 2024 8:30 AM

SANTIAGO, Aug 24 (Reuters) - Canada's Lundin

Mining ( LUNMF ) said Saturday it had reached an agreement with

union workers at the Caserones copper mine in Chile after a

strike that lasted nearly two weeks.

A majority of union workers voted to accept a 36-month

collective contract, Lundin said in a statement, which included

a 2.5% salary increase, a signing bonus and improvements in

incentives. It also includes a soft loan of $3 million pesos per

worker.

A Chilean court earlier this week ordered the striking

union, which represents around 300 workers, to stop blocking

roads around the mine after Lundin filed a complaint with a

court in the northern city of Copiapo amid a strike that has

lasted over a week.

The Caserones mine produced 139,520 metric tons of copper in

2023.

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