Codelco reaches agreement with professionals at Ministro Hales mine

Photo of Codelco sign outside of company building. Source: Codelco

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.

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