In a press launch Monday, Lundin mentioned it stays keen to take part in conferences to succeed in a decision with the union, and is dedicated to the “highest requirements for integrity and transparency” and appears ahead to returning its focus to protected and sustainable mining at Caserones.
In April, Caserones was in a position to efficiently negotiate a brand new collective bargaining settlement with one of many different two unions, which additionally represents roughly 30% of the staff.
The corporate lately upped its stake in Caserones to 70% after exercising an possibility with Japan’s JX Nippon Mining & Metals. The mine represents one in all Lundin’s trio of key property in or round northern Chile, the opposite two being the 80%-owned Candelaria mine within the Atacama area and the Josemaría challenge in Argentina.
This yr, the Caserones mine is anticipated to supply 120,000 to 130,000 tonnes of copper and a pair of,500 to three,000 tonnes of molybdenum on a 100% possession foundation.