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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