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Wage negotiation for BHP's Chile copper mine

Thursday 12th of January 2017 10:56:50 AM



A wage negotiation is in sight at the world’s top copper mine, BHP Billiton’s Escondida mine in Chile, as workers want their share.

In a preliminary phase of the collective-bargaining process, management rejected demands by Union Number 1 for a 7% pay rise and a bonus of 25 million pesos ($US37,000), union spokesman Carlos Allendes said.

Workers are scheduled to vote on a final proposal January 24.

As the industry emerges from a glut that sank prices, the Escondida negotiations are being keenly watched by producers and investors alike.



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