Supervisors at Antofagasta’s Centinela copper mine in Chile accept new contract

Supervisors at Antofagasta Minerals’ Centinela copper mine in Chile have agreed to a new contract offer, avoiding the possibility of a strike, according to the union president. The supervisors’ union agreed last week to extend government-mediated talks after failing to agree on a new contract with Antofagasta. The union had voted in favor of a walk-off on July 13, however, both parties are required to participate in government-led talks, which typically last between 5-10 business days, before a strike can begin.

Source: Nasdaq