New labor agreement reached at Caserones

Lundin Mining said an agreement has been reached with the union at the Caserones mine in Chile’s Atacama Region and accepted by the majority of the union members through a vote.  On August 12, one of the three unions representing approximately 30% of Caserones employees, or 5% of the total workforce at the mine, went on strike after not reaching…

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Lundin Mining ups Caserones ownership to 70%

Lundin Mining said it has opted to exercise its option to acquire an additional 19% interest in its equity position for SCM Minera Lumina Copper Chile, or Lumina Copper, owner of the Caserones copper-molybdenum mine in Chile. The deal with JX Advanced Metals Corporation carries a price tag of $350 million. Closing is expected on or around 2 July. The…

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