Supervisors at Antofagasta's Centinela copper mine in Chile accept new contract

By Fabian Cambero

SANTIAGO, July 27 (Reuters) - Supervisors at Antofagasta Minerals' ANTO.L Centinela copper mine in Chile have agreed to a new contract offer, avoiding the possibility of a strike, the union president said on Monday.

The supervisors' union agreed last week to extend government-mediated talks after failing to agree on a new contract with Antofagasta.

The union had voted in favor of a walk-off on July 13, however, both parties are required to participate in government-led talks, which typically last between five and 10 business days, before a strike can begin. The company pledged to deliver a new contract offer on Monday, a union representative said.

Antofagasta does not comment on its labor negotiations.

Centinela produced 276,600 tonnes of copper last year.

(Reporting by Fabian Cambero; writing by Cassandra Garrison; Editing by Sandra Maler)

((; +54 11 5830 7443;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.