Loading...
Market
Story
BHP's Escondida Mine Faces Strike Over Wage Dispute Despite $28,900 Bonus Offer
Aug 13, 2024, 07:13 AM
Workers at BHP's Escondida copper mine in Chile will commence a strike after failing to reach a wage agreement. The strike is set to impact the world's largest copper operation, following unsuccessful negotiations between BHP and union leaders. The company had presented an improved wage offer, including a $28,900 bonus, in an attempt to avert the strike. Despite these efforts, the two sides have not reached an agreement, leading to the decision to strike. Talks are scheduled to resume on Monday evening.
View original story
Similar markets
Yes • 50%
No • 50%
Stock price increases by more than 10% • 25%
Stock price decreases by more than 10% • 25%
Stock price remains within ±10% • 25%
Other • 25%
Significant increase • 25%
Moderate increase • 25%
No significant change • 25%
Decrease • 25%
Stock price increases • 25%
Stock price decreases by less than 5% • 25%
Stock price decreases by 5% or more • 25%
Stock price remains stable • 25%
Stock price increases • 25%
Stock price decreases • 25%
Stock price remains stable • 25%
Other • 25%
Stock price increases • 25%
Stock price decreases • 25%
Stock price remains stable • 25%
Significant volatility with no clear trend • 25%
Agreement reached with wage increase • 25%
Agreement reached without wage increase • 25%
No agreement reached • 25%
Negotiations ongoing • 25%
Stock price increases • 25%
Stock price decreases • 25%
Stock price remains stable • 25%
Stock price highly volatile • 25%
Above $20 • 25%
$18-$20 • 25%
$16-$18 • 25%
Below $16 • 25%
All three outperform market • 25%
Two outperform market • 25%
One outperforms market • 25%
None outperform market • 25%