Breakwater Resources Reaches Deal with Striking Miners

14 October 2010 (Last Updated October 14th, 2010 18:30)

Breakwater Resources said unionised workers at its Toqui mine in southern Chile have accepted a new contract ending a week-long strike. The new contract has been renewed for a period of three years and will add just over $1 to the current annualised per ton milled costs of the mine, whic

Breakwater Resources said unionised workers at its Toqui mine in southern Chile have accepted a new contract ending a week-long strike.

The new contract has been renewed for a period of three years and will add just over $1 to the current annualised per ton milled costs of the mine, which produces 520,000t a year.

It will take several days to resume normal mining activities, Breakwater said.

The employees at the mine began a strike on 5 October after labour negotiations broke off over pay issues.