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Cerro Colorado union begins early pay talks with BHP Billiton - Chile

Published: Monday, November 9, 2009 15:31 (GMT -0400)More news from Chile

By Pablo Gaete / Business News Americas

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The union at BHP Billiton's (NYSE: BHP) Cerro Colorado copper mine in northern Chile has started contract negotiations with the company and expects them to last all week, a union official told BNamericas Monday.

On November 4 the union issued a statement saying it signed a preliminary agreement to kick off negotiations ahead of their planned date. The talks are to establish pay terms for work contracts that will replace those that expire at the end of January.

BHP Billiton also negotiated contracts early and reached a deal with workers at its 57.5%-owned Escondida mine, but employees at the company's Spence mine went on strike October 13 after talks failed to produce an agreement.

Cerro Colorado produced 18,600t of copper cathode during BHP Billiton's July-September quarter. Spence produced 51,000t of copper cathode in the period, while Escondida's output totaled 788,126t copper in the first nine months of this year.

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