The main workers' union at the world's biggest copper mine, Chile's Escondida, announced Friday it had reached an agreement with Anglo-Australian giant BHP to avoid a strike.
The union, which counts more than 2,000 members, said it had obtained "almost unanimous" approval for a new collective agreement proposed by management, cancelling a strike notice that it had filed on July 31.
Neither BHP nor the union published the financial details of the deal, although the company confirmed in a bulletin that the negotiated conditions would be in force for 36 months. Local media reported that the agreement included a bonus for each union member of $23,000, as well as nearly $4,000 for extra days worked, in addition to other provisions.
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