Lundin Mining Resolves Strike with Chilean Union at Caserones Copper Mine

Lundin Mining settled a two-week strike with union workers at the Caserones copper mine in Chile. The new 36-month collective contract features a 2.5% salary increase, signing bonus, and incentive improvements. A Chilean court had ordered the union to stop blocking mine roads during the strike.

Lundin Mining announced Saturday that it has successfully reached an agreement with union workers at the Caserones copper mine in Chile, concluding a strike that lasted nearly two weeks. The agreement includes a 36-month collective contract encompassing a 2.5% salary increase, a signing bonus, and enhanced incentives.

A part of the contract also includes a soft loan of $3 million pesos per worker. The majority of union workers voted in favor of accepting the terms of the deal, according to a statement released by Lundin.

Earlier this week, a Chilean court had mandated the striking union to cease road blockages around the mine following a complaint filed by Lundin in the northern city of Copiapo. The Caserones mine recorded a production output of 139,520 metric tons of copper in 2023.

(With inputs from agencies.)