Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Labour Disputes - October 20

Lima, Oct 20 -- Many employees at key mines in Peru reported to work on today as a 48-hour mining strike entered its second day with lukewarm support, while workers hoped Congress would vote to improve their benefits. Miners in Peru, a leading global metals exporter, have demanded the government pass laws that would lower the age for retirement and lift caps on profit-sharing. Congress could vote on the rules Wednesday (Oct 21) or Thursday, depending if they are put on its agenda. Early retirement for miners might require private pension funds to pay out millions of dollars in extra benefits. Union leaders said the walkout hit mines of Buenaventura, Barrick and Volcan, while those of Southern Copper, Freeport, BHP Billiton, Xstrata and Newmont were spared. Peru's labour ministry has declared the strike illegal, a move aimed at prodding miners to return to work. Buenaventura has said its Orcopampa and Uchucchacua mines were stopped by the strike. Union officials said workers at Barrick'

Topics

UsernamePublicRestriction

Register

LL1134044

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel