Chilean unions vote to begin copper mine strike | Metals Mine

  • Chilean unions vote to begin copper mine strike

    From argusmedia.com

    Three unions at Chilean state-owned copper producer Codelco's Chuquicamata division in Chile have approved strike action effective tomorrow after rejecting a new contract offer. Workers at Chuquicamata unanimously decided to begin a strike on 14 June. The unions said the latest contract offer from Codelco did not meet their demands on key issues. The division produced 320,744t of copper in 2018. The dispute comes amid the transition from open pit to underground mining at Chuquicamata. A strike could affect a ramp-up in operations of the underground mine. The expansion at the Chuquicamata underground mine is due to be ... (full story)

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perma-bull
Jun 13, 2019 9:31am
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codelco is state owned (i had to look that up), so i'd guess other copper mining stocks would benefit from the strike
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bigtx
Jun 13, 2019 3:04pm
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Sounds like the thefts will have to increase at my local power stations to keep up the supply. One man's strike is another man's opportunity!
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676f6c64
Jun 13, 2019 9:04am
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Bad news for the world's largest copper producer.
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