11:34 AM EDT, 08/26/2024 (MT Newswires) -- Lundin Mining ( LUNMF ) over the weekend said it reached an agreement with the union at its Caserones mine in Chile, with a majority of union members voting in favor of the deal.

A new collective bargaining agreement will be signed and the company will focus on a safe back-to-work plan, along with a ramp-up of operations, it said.

The company said the mine has been running at about 50% of capacity during the labor action, which began earlier this month.

Lundin's shares were last seen up $0.12 to $14.08 on the Toronto Stock Exchange.

Price: 14.08, Change: +0.12, Percent Change: +0.86