BHP Copper Miners Accept Wage Offer, Easing Chile Labor Tensions

June 15, 2024 05:54 AM AEST | By EODHD

Google News:

BHP Copper Miners Accept Wage Offer, Easing Chile Labor Tensions — Image source: Kalkine Media

Recent News

Wood Panel Wall USA Introduces Acoustic Slat Panels to Enhance Sound Q...

World Digital Introduces Innovative E‑Commerce Strategies Amid Global...

Alex Miller Keeps Classic Country Flame Burning With Alan Jackson Song...

Trump earns over $600 million from crypto, holds assets worth at least...

(Bloomberg) -- Workers at a BHP Group copper mine in Chile accepted the company’s latest wage offer, putting an end to tense collective bargaining process at an operation accounting for about 1% of global supply. Most Read from Bloomberg Wells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’ Southwest Plane Plunged Within 400 Feet of Ocean Near Hawaii Tesla Investors Get Behind Musk’s Fight for $56 Billion Pay Deal Bump Stock Ban Tossed Out by Supreme Court in Gun-Rights Win Apple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not Cash Spence workers voted in favor of a preliminary agreement reached between management and union leaders in mediated talks this week, the union said in a text message on Friday. Averting a strike at Spence, which last year churned out about 250,000 metric tons, eases tensions in a busy schedule of collective bargaining in Chile at a time when high copper prices are swelling producer profits and inflating wage expectations of their workers. Attention now turns to BHP’s other Chilean operation, Escondida, which is more than four times the size of Spence and has been the scene of lengthy strikes in the past. Most Read from Bloomberg Businessweek The Rise and Fall of a $600 Million Strip-Mall Tycoon Grieving Families Blame Panera’s Charged Lemonade for Leaving a Deadly Legacy Israeli Scientists Are Shunned by Universities Over the Gaza War The World’s Most Online Male Gymnast Prepares for the Paris Olympics How to Cool Down Parks in Hot Cities ©2024 Bloomberg L.P.

View comments

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.