Collahuasi says mine under restricted conditions

UJINA, Chile, May 8 (BestGrowthStock) – The mine operator at
Chile’s huge Collahuasi copper deposit said it was operating
under restricted conditions on Saturday after a strike by
workers at its subcontractors.

A union representing subcontractor workers said it was in
talks with the mine operator and could reach agreement later on
Saturday.

The mine produced 535,000 tonnes of copper last year, or
about 3.3 percent of the world’s mined copper. Global miners
Xstrata (XTA.L: ) and Anglo American (AAL.L: ) jointly own the mine
with a 44 percent stake each. Japanese consortium Mitsui & Co
(8031.T: ) is a minority stakeholder.

Stock Investing

(Reporting by Alonso Soto; Editing by Eric Walsh)

Collahuasi says mine under restricted conditions