Workers have downed tools at Toronto-headquartered Lundin Mining’s (TSX:LUN) Caserone Mine in Chile after they were unable to reach a new collective bargaining agreement.
One of three unions representing about 30% of Caserones employees, or 5% of the mine’s total workforce, have gone on strike.
Lundin says prior to the strike action, Caserones attempted, in good faith, to reach an agreement for a new collective bargaining agreement with employees.
The company adds that as a result of the strike, it will now gradually reduce activities at the mine in a safe and orderly manner.
In April 2024, a new collective bargaining agreement was reached with one of the other two unions, which also represents about 30% of the employees.
Lundin says it remains willing to participate in meetings to reach a resolution and invites the union to engage in a constructive dialogue.
The $9.84 billion capitalisation miner owns…
