Peru Workers To Sign New Antamina Contract Averting Strike
"We will sign today a much better offer from the company," said Antamina union official Francisco Marinas.
Marinas said the improved contract included a pay rise of 4.7% and a once off signing bonus, as well as better working and occupational health conditions.
The threat of a strike at Antamina, in Peru's central highland region of Ancash, has been looming since July this year when the last three year contract expired.
The Antamina mine is a joint venture between BHP Billiton Ltd. (BHP), which holds a 33.75% stake, Xstrata PLC (XTA.LN), with another 33.75%, Teck Resources Ltd. (TCK) with 22.5% and Mitsubishi Corp.(8058.TO, MSBHY), which has 10%.
Antamina produced 252,756 metric tons of copper and 340,552 tons of zinc during the first nine months of this year.
-By Sophie Kevany, Dow Jones Newswires; 51-198-903-8043; sophie.kevany@dowjones.com
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Publié le 26 novembre 2009 Copyright © 2009 Dowjones
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