Codelco reaches agreement with professionals at Ministro Hales mine

Chile's state copper miner Codelco said on Thursday it had reached an agreement with the professionals' union at its Ministro Hales mine in northern Chile, following early talks on a new collective labor contract.

The 36-month contract, which includes a signing bonus of 7.1 million pesos ($11,600), was approved by 75 per cent of the union, Codelco said in a statement.

Ministro Hales had production of around 215,000 tonnes of copper in 2017.

Codelco is the world's No. 1 copper producer.

Reporting by Dave Sherwood; Editing by Sandra Male.