Canada’s Lundin Mining said Saturday it had reached an agreement with union workers at the Caserones copper mine in Chile after a strike that lasted nearly two weeks.
A majority of union workers voted to accept a 36-month collective contract, Lundin said in a statement, which included a 2.5% salary increase, a signing bonus and improvements in incentives. It also includes a soft loan of $3-million pesos per worker.
A Chilean court earlier this week ordered the striking union, which represents around 300 workers, to stop blocking roads around the mine after Lundin filed a complaint with a court in the northern city of Copiapo amid a strike that has lasted over a week.
The Caserones mine produced 139,520 metric tons of copper in 2023.