Page 56 - Escondida News Today

Mining Engineering Online

Mining Engineering Online

Copper prices soared to record highs earlier this year, giving workers unions additional leverage in negotiations.

BHP Group Ltd (BHP.AX) and the workers union at its Escondida copper mine in Chile said late on Monday they would extend government-mediated contract talks by a day in a last-ditch effort to stave off a strike.

Copper rose on Tuesday on supply threats in top producer Chile after workers at a mine walked off the job and as mediation talks at the giant Escondida mine extended in an effort to avoid a strike.

LONDON — Copper bounced on Tuesday as worries about supplies from top producer Chile gathered pace, while concerns about Chinese demand and a firmer dollar…

Copper rose on Tuesday on supply threats in top producer Chile after workers at a mine walked off the job and as mediation talks at the giant Escondida mine…

The commodity sector began August on the defensive on a combination of weakness in Chinese economic data and the rapid spreading delta coronavirus variant causing renewed worries about the short-term demand outlook. Growth-dependent commodities such as crude oil and industrial metals traded lower while precious metals, having struggled to rally in response to the July slump in US Treasury yields, traded lower as yields and the dollar rose following hawkish Fed comments and a very strong US job r...

En una nota dirigida a sus más de 2,000 miembros, el sindicato Nº 1 de Escondida dijo que la propuesta de la empresa no había cambiado sustantivamente en los primeros tres días de mediación.

Workers Struggles: The Americas Latin America Chilean copper miners set to strike Miners from BHP Escondida Copper overwhelmingly rejected a proposed contract and have announced their intention to strike over wages and profit sharing. Escondida, in Chile’s Atacama Desert, is the largest privately-owned copper mine in the world. In an attempt to prevent the strike by the 2,175 miners, management offered US $23,000 per worker, a combination of sign-in bonus and loans, far short of the workers�...