Workers at Anglo American Plc and Xstrata Plc’s Collahuasi copper mine in northern Chile will lower their wage demands in government-mediated talks to end a 11-day strike if the company increases its proposal, union leader Manuel Munoz said.
The union is awaiting a call from regional governor Luz Ebensperger to initiate talks, Munoz said in an interview from Iquique, Chile today. Collahuasi “is always open to dialogue,” company spokeswoman Bernardita Fernandez said by telephone. “When we get back to negotiations I imagine both positions will have to come closer,” Munoz said. “One side enlarges its position and we reduce our position.”
The strike at Collahuasi, the world’s fourth-largest copper mine, helped drive copper prices to a record last week. The company has maintained its schedule of copper shipments during the strike by using non-union employees and contract workers, Fernandez said.
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