Codelco has presented a new labor offer to the three trade unions on strike at its Chuquicamata operation and workers will deliberate on the matter on Wednesday June 19.
The Chilean state-owned copper producer proposed a 1.2% wage increase and a bonus amounting to 14.1 million Chilean pesos ($20,185) in a labor contract effective for 36 months. Under the country's law, all workers involved in the negotiations between the three unions and Codelco must vote on the offer. "This new offer represents the maximum effort the company can...