January 31, 2019 / 9:59 PM / 6 months ago

Supervisors at Codelco mine in Chile reach contract deal, avert strike

SANTIAGO, Jan 31 (Reuters) - World top copper miner Codelco said on Thursday it had struck a contract deal with the union of supervisors at its Gabriela Mistral mine in northern Chile, averting the threat of a strike.

The state-run Codelco said it had agreed to increase workers’ salaries by 1 percent in the new contract, and had offered a signing bonus of between $5,200 and $6,400.

The supervisors’ union last week rejected the company’s offer for a new collective labor agreement, forcing a final period of government mediation ahead of any potential walk-off.

Gabriela Mistral produced 122,700 tonnes of copper in 2017 and 96,500 tonnes between January and November of 2018.

Reporting by Marion Giraldo in Santiago, Writing by Dave Sherwood Editing by Matthew Lewis

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