HOTTER ON METALS: Fate of Chile copper smelters may be factor in strike threats

October 23, 2019 / www.metalbulletin.com / Article Link

Trade unions representing workers for Chile's state-run miner Codelco have called on their members to mobilize in support of protests against the government.

Union No1 for Codelco's Chuquicamata has joined Sindicato No1 for BHP's Escondida in backing protestors, whose opposition to inequality in the country has escalated into alleged looting and arson, and to violent confrontations with the military.Codelco's Union No2 said that it could participate in a national strike, while Union No3 also criticized the recent increase in public transportation fares and other action taken by the federal government, but did not say that it might strike.While sound macroeconomic management has placed Chile on a solid economic footing, the challenge remains of how to raise productivity, improve global competitiveness and reduce inequality.According to a recent report for the Organization for Economic Co-operation & Development (OECD), Chile's income inequality gap is more than 65% wider than the OECD average, with one of the highest ratios between the average income of the wealthiest 10% of its population and that of the poorest 10%.But a...

Recent News

Several new entrants to TSXV large gold, including producer Asante

November 24, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline, equity market slide

November 24, 2025 / www.canadianminingreport.com

Largest gold producers see strong Q3/25 earnings

November 17, 2025 / www.canadianminingreport.com

Gold stocks jump on gain in metal price

November 17, 2025 / www.canadianminingreport.com

AOCE and WB boost gold targets for 2025 significantly

November 10, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok