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Teck Resources reaches deal with union on Quebrada Blanca mine

SeekingAlpha.com | December 22, 2017 | 10:44 am
Teck dam deal brings giant Chile copper project in focus
Workers at Quebrada Blanca pictured. (Image: Teck Resources)

Teck Resources (NYSE:TECK) and the union representing workers at its Quebrada Blanca copper mine in Chile announce a new wage agreement, ending an eight-day strike.

TECK says the union, which represents ~25% of the mine’s workforce, agreed to a 24-month contract.

Workers began their strike last Wednesday after failing to reach a deal on a bonus scheme that would put the union on equal footing with the mine’s two other unions, which reached agreements earlier this year with Teck.

By: , SA News Editor

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