Unions are copper miners' new best friends

By Bloomberg / September 02, 2016 / www.mining.com / Article Link

An increase in industrial action is usually bad news, but copper producers worldwide should be cheering the souring relationship between Chilean mine workers and pit bosses.

Employees at Los Bronces, the world's 10th-biggest deposit, rebuffed a final pay offer this week from owners Anglo American, while one of the key unions at Codelco's Salvador mine voted against a pay proposal from the government-controlled company. Chuquicamata, another Codelco mine that for long was the world's largest open pit, was also halted this week after an accident.

Continue reading...

Recent News

Gold stocks rebound to new highs

April 14, 2025 / www.canadianminingreport.com

US$ and bonds not the safe havens normally expected

April 14, 2025 / www.canadianminingreport.com

Crash driven by tech and highly cyclical sectors

April 07, 2025 / www.canadianminingreport.com

Gold stocks succumb only on second day of plunge

April 07, 2025 / www.canadianminingreport.com

Gold stocks outperform, New Found Gold down on initial MRE

March 31, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok