FACTBOX-Chile's mining labor contracts due in 2009/2010

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Thu Oct 8, 2009 7:09pm EDT

 Oct 8 (Reuters) - Workers at the world's biggest copper mine, Chile's
Escondida, are likely to accept an early wage deal offered by owner BHP
Billiton (BHP.AX) (BLT.L) and avert a strike, a senior union source told
Reuters on Thursday.
 If the offer proves successful the negotiation could set the tone for
upcoming key labor negotiations in Chile, the world's No. 1 copper producer,
and ease supply worries that have helped to nearly double the price of the
industrial metal this year.
 Key collective contracts are due around the time Chileans head to the polls
on Dec. 13 to choose a new president.
The following table lists the major Chilean mining labor contracts that will
expire in 2009 and early 2010.      
 OPERATION       EXP DATE      OWNER          2008 OUTPUT
 Spence          30 Sept 09   BHP Billiton    164,761 tonnes
 Andina          30 Nov  09   Codelco         219,500 tonnes
 Escondida       05 Dec  09   BHP Billiton  1,255,009 tonnes
 Chuquicamata    31 Dec  09   Codelco         315,000 tonnes
 Cerro Colorado  30 Jan  10   BHP Billiton    104,200 tonnes
 * Information complied from companies and government data  
 For main story click [ID:nN08538059]
 For Reuters Metal Production Database
  here
 (Santiago newsroom)


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