The official deadline to start contract discussions begins in June.
ESCONDIDA Mining News
The union accepted an offer to begin early negotiations with the Anglo-Australian miner in March to avoid another strike at the northern Chile mine.
While appetite for copper-mining assets is picking up, a supply crunch is imminent, experts say.
Failure to reach a labor deal caused a 44-day strike at the mine last year.
Last year, a more than month-long strike at Escondida ended with workers opting to extend their previous contract through July 31 of this year instead of replacing it.
Union claims BHP has laid off about 3% of the mine's workforce without a "legitimate reason."
Officials for the world’s largest copper mine say they are “adjusting production processes.”
Fire shrinks Mt Whaleback iron ore production, but output at world's largest copper mine Escondida in Chile jumps 23%.
Delayed ramp-up at Escondida, mine sequencing at Kennecott.
It also revised down its expected share of hard coking coal for the year to between 7.2 to 7.8 million tonnes from 7.8 to 8.4 million tonnes.
The so-called Palmani project aims to discover and characterize the mining potential of an area located in Chile's extreme north, at about at 2,100 metres of altitude.
Escondida, majority owned and operated by BHP, produced 97,103 tonnes of copper between January and March, down from 265,597 tonnes a year earlier.
Production for the first three months of the year slumped 37% compared with the same period of 2016.
The news follows the end of a historically long 43-day strike at BHP Billiton’s Escondida, the world's biggest copper mine in neighbouring Chile.
Appointment comes barely a week after the mine, operated by BHP Billiton, failed to secure a wage deal with 2,500 workers after a 43-day strike.
Workers ended their strike and invoked a rarely used legal provision that allows them to extend their old contract, which leaves them in the exact same situation they were before they downed tools.
Around 1,300 unionized miners plan to start an indefinite stoppage at Peru's largest copper mine beginning March 24.
The company is currently analyzing options to resume work as soon as possible, which includes hiring temporary workers to replace those that have downed tools.
China releases scorching industry output growth, fixed investment numbers for January-February. Third attempt to restart talks at giant Chile mine fails.
Disputes at BHP Billiton’s Escondida mine in Chile, the world's biggest copper mine, and Freeport’s Grasberg and Cerro Verde mines, are also having a significant effect on global supplies of concentrate.
The mine produced just under 500,000 tonnes of the red metal last year, making it Peru's largest copper operation.
The country’s copper output is predicted to have fallen by 12% last month when compared to February 2016, while GDP dropped 1%.
Incidents come despite a local judge ruled late Tuesday that a deferred payment from 2016 should go out to workers within 48 hours.
The company is reviewing its copper output guidance for 2017 as industrial action at its largest copper mine enters its third week Thursday.
The meeting is not a return to mediation but an attempt to agree to return to the negotiating table, the union said.