Cerro Verde News
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Cia. de Minas Buenaventura SA, Peru’s biggest precious-metals producer, said first-quarter profit dropped for a fifth quarter on falling metals prices and output, missing analysts’ estimates.
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Freeport-McMoRan Copper & Gold Inc.’s Peruvian copper miners may strike again next week after ending a four-day work stoppage over the weekend, a union official said.
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Freeport-McMoRan Copper & Gold Inc.’s Peruvian unit, seeking a five-year labor accord, plans to hold government-brokered talks with copper miners tomorrow to avoid a strike called for Sept. 14, a union official said.
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Cia. de Minas Buenaventura SA, Peru’s biggest precious-metals producer, said fourth-quarter profit dropped 39 percent, missing analysts’ estimates.
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Freeport-McMoRan Copper & Gold Inc.’s striking Peruvian miners refused to accept private arbitration to end a 35-day stoppage, a union official said.
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Freeport-McMoRan Copper & Gold Inc. workers at the Cerro Verde copper mine in Peru voted against a plan to strike Jan. 14 after reaching a labor accord with the company, a union official said.
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Freeport-McMoRan Copper & Gold Inc.’s Peruvian workers voted to end a 61-day strike after the Andean country’s government pledged to settle a wage dispute, a union official said.
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Workers at Freeport-McMoRan Copper & Gold Inc. ’s Peruvian copper mine plan to strike Jan. 14 in a dispute over health and overtime issues, a union official said.
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Freeport-McMoRan Copper & Gold Inc. and partner Cia. de Minas Buenaventura SA are studying a $3.5 billion expansion of their Cerro Verde copper mine, Buenaventura Chief Executive Officer Roque Benavides said.
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Freeport-McMoRan Copper & Gold Inc.’s copper miners in Peru will go on strike today after wage talks collapsed, their third stoppage this month, while workers in Indonesia will resume negotiations, union officials said.
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