- Write by:
-
Monday, March 9, 2020 - 11:39:06 AM
-
792 Visit
-
Print
Mining News Pro - Cerrejon, one of Colombia`s biggest coal producers, and its largest workers union on Friday concluded contract negotiations without reaching an agreement, the parties said.
According to Mining News Pro - Union members will now vote on whether to strike or to go to arbitration with the company.
"There was no agreement. We will call a vote between a strike and an arbitration," Igor Diaz, president of Sintracarbon, told Reuters in a message. "Right now we are closer to a strike than we are to a solution."
"Negotiations remain ongoing," Cerrejon said in a message, which is owned equally by BHP Group, Anglo American and Glencore.
The company exported 26.3-million tonnes of coal in 2019 and has 5 896 employees, of which 4 600 are union members.
The union is demanding a pay rise of 7.8%, as well as additional health, education and accommodation benefits. The mining company, which offered a rise of 3.8% to match inflation in 2019, is also in talks with smaller union Sintracerrejon.
The initial negotiation period between the miner and Sintracarbon ended on February 15 but both groups agreed to a further 20 days of negotiations, which expired on Friday.
The last strike at Cerrejon was in February 2013 and lasted 32 days.
Last year, coal prices fell to an average of $51.40/t, down from $82.50/t in the previous year, according to the Energy Ministry.
Colombia is the fifth-largest coal exporter in the world. The fuel is the Andean country`s second top source of foreign exchange after oil.
Cerrejon, located in La Guajira province, also controls a 150-km rail line and a seaport that receives ships which can carry up to 180 000 t of cargo.
Short Link:
https://www.miningnews.ir/En/News/499270
Anglo American Plc said it is has received an unsolicited non-binding combination proposal from BHP Group.
China’s state planner on Friday finalized a rule to set up a domestic coal production reserve system by 2027, aimed at ...
The world’s coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in ...
Peabody Energy Corp. shares sunk to the lowest in seven months after the biggest US coal miner warned that first-quarter ...
Polish government is abandoning plans to separate coal-fired power plants into a special company and is considering ...
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being ...
Researchers at the University of Edinburgh discovered that bacteria found in areas polluted by acid mine drainage had ...
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being ...
Iron ore reversed direction after dropping to its lowest level in 10 months as optimism that the country’s economic ...
No comments have been posted yet ...