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Lundin Mining Corp
Symbol LUN
Shares Issued 733,692,965
Close 2020-11-17 C$ 9.07
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FP/wire say Lundin Mining Chilean workers reject offer

2020-11-18 09:32 ET - In the News

The Financial Post reports in its Wednesday, Nov. 18, edition that workers at the Candelaria copper mine in Chile rejected owner Lundin Mining's latest wage offer, extending a strike into a second month, according to a union leader. A Bloomberg dispatch to the Post reports that in voting Tuesday, 366 of the AOS union's 500-plus members turned down the offer, AOS President Evelyn Walter said in a text message. The company delivered the proposal last week, increasing a signing bonus to 17.5 million pesos or $22,900 (U.S.) per worker, while offering benefits that continued to fall short of some workers' demands. The union has been on strike since Oct. 20, with the mine largely halted since then, although one plant continues to operate. Another smaller union also walked off the job. Union leaders accuse management of intransigence, while the company has condemned a series of road blocks during the strike. In voting Tuesday, 366 of the AOS union's 500-plus members turned down the offer, AOS President Evelyn Walter said in a text message.

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