Nov.30 (Bloomberg) --Workers at the Collahuasi copper mine of Anglo American Plc (AAL) and Xstrata Plc (XTA) in northern Chile agreed with the management to end a strike that has cut concentrate output this week, a union official said.
The stoppage by some workers may end as soon as today, the official, who isn't an authorized spokesman, said by telephone from the mine site. Bernardita Fernandez, a Santiago-based spokeswoman for the Collahuasi mine, wasn't available to comment when contacted by phone.
Workers in Peru, Chile, Bolivia and Indonesia carried out strikes at copper, gold and zinc mines this year to push for improved conditions and a bigger slice of record profits after metal prices surged. Workers at Freeport-McMoRan Copper & Gold Inc. (FCX)'s Grasberg mine in Indonesia have been on strike since Sept. 15.
The workers union at Collahuasi agreed to abandon the mine site in exchange for a reduction in job dismissals that the company announced on Nov. 28, the official said. The union previously said the company will fire 62 workers.
Some Collahuasi workers called an indefinite strike on Nov. 28 to protest against the job losses. The union carried out two one-day stoppages this year and downed tools for a month last year.
Workers had blocked the Ujina and Rosario open pits and ore stockpiles, according to the union. Production of copper concentrate was stopped, Collahuasi said in a statement yesterday. Output of refined copper was partially stopped and the company's Pacific port was operating normally, it said.
The company said only 10 percent of the workforce went on strike because of the dismissals, it said yesterday.