July 24 (Reuters) - BHP’s Escondida copper mine in Chile said on Tuesday it had made a final offer in talks with the union representing its rank-and-file workers that includes a beefed up contract signing bonus and a 1.5 percent increase in wages.
The Anglo-Australian miner offered a final signing bonus of $27,700, compared to its previous offer of $23,000. The 1.5 percent salary increase compared to a previous offer of a flat salary with increases only for inflation.
The union had requested a 5 percent salary increase and a bonus of up to $40,000 per worker.
The closely-watched talks come little more than one year after failure to reach a labor deal at the mine led to a 44-day strike that jolted the global copper market. (Reporting by Antonio de la Jara; writing by Aislinn Laing; Editing by Tom Brown)