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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (44616)	10/6/2009 10:25:09 PM
From: LoneClone	Read Replies (1) \| Respond to of 196278

FACTBOX-Chile's mining labor contracts due in 2009/2010 Mon Oct 5, 2009 11:12pm EDT reuters.com Oct 6 (Reuters) - Workers at BHP Billiton's (BLT.L)(BHP.AX) Spence copper mine will likely reject a new wage offer and strike, a union leader said on Monday, in talks seen as an indicator for upcoming labor negotiations in the world's top copper producer, Chile. Chile's No 1 producer state-run Codelco and BHP are scheduled later this year to negotiate collective deals with thousands of workers at their main mines Chuquicamata and Escondida, the world's biggest. Key collective contracts are due around the time Chileans head to the polls on Dec. 13 to choose a new president. Any disruption in Chile's copper supply could further lift the metal's price, which has seen a dramatic recovery after plunging from record highs around $4 a lb. The following table lists the major Chilean mining labor contracts that will expire in 2009 and early 2010. OPERATION EXP DATE OWNER 2008 OUTPUT COPPER Spence 30 Sept 09 BHP Billiton 164,761 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:nN05400448] For Reuters Metal Production Database here (Santiago newsroom; Editing by Michael Urquhart)