Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Anglo American says Chile ops normal despite supervisor strike

Published 28/11/2014, 16:48
Anglo American says Chile ops normal despite supervisor strike

SANTIAGO (Reuters) - Global miner Anglo American's (L:AAL) Chile operations have been hit by a limited strike among mine supervisors, but production continues unhindered, the company told Reuters on Friday.

A union that groups together around 200 Anglo supervisors in Chile began a strike on Friday after rejecting the company's proposal for a new collective contract.

"There has been no impact to production. We are producing normally at all our projects," said a spokesman for the company in Santiago.

Those on strike represent about 18 percent of the company's supervisors in Chile, he added.

Anglo expects to produce between 725,000 and 740,000 tonnes of copper in 2014.

(Reporting by Fabian Cambero; Writing by Rosalba O'Brien; Editing by Chris Reese)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.