BASE METALS

"The repression [at Chuquicamata strike] is absolute and harsh"

Codelco reportedly makes improved offer as strike marred by violence

Staff reporter
Codelco reportedly improves offer as Chuquicamata strike marred by violence

Codelco reportedly improves offer as Chuquicamata strike marred by violence

Police fired rubber bullets and tear gas as workers tried to block access to the site, Reuters reported.

In a translated joint statement, Sindicatos 1, 2 and 3 said workers were "violently repressed" when trying to set up a camp, adding 12 had been detained.

"The repression is absolute and harsh," union 3 president Hector Milla told the wire service.

Workers started strike action on Friday after labour negotiations between key unions and the state-owned company broke down. 

The unions said it was "unfortunate" Codelco had not shown "explicit interest or intention to resolve the conflict" in the first four days of the strike.

However on Tuesday the company submitted a new offer, Bloomberg reported, which included a bonus, salary boost and two voluntary retirement options with extended health benefits.

The unions said they would assess the offer and present it to members at a formal meeting, Bloomberg said.

The copper price rose about 1.8% on the London Metal Exchange yesterday as the strike continued.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.