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LUMI - Lundin Mining News Story

SEK98.3 -3.7  -3.6%

Last Trade - 14/05/21

Sector
Basic Materials
Size
Large Cap
Market Cap £6.14bn
Enterprise Value £6.52bn
Revenue £1.66bn
Position in Universe 120th / 1832

UPDATE 1-Workers at Lundin's Candelaria mine in Chile reject new contract offer

Tue 17th November, 2020 9:41pm
(Adds details)
    SANTIAGO, Nov 17 (Reuters) - One of the unions on strike at
Chile's Candelaria copper mine, owned by Canada's Lundin Mining
Corp  LUN.TO , rejected a contract offer from the company on
Tuesday, confirming the work stoppage would continue.
     The Candelaria Union rejected the proposal by a vote of 
366 to 159, said union head Evelyn Walter.
    The company submitted a new proposal last week in a bid to
end the strike, which started on Oct. 20.
    Another union representing workers at the facility, the Mine
Union, went on strike 36 days ago. It rejected a new offer from
the company in early November.
    Candelaria produced 111,400 tons of copper in 2019.

 (Reporting by Santiago bureau; 
Editing by Sandra Maler)
 ((aislinn.laing@thomsonreuters.com; +56 9 98188538))
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