Codelco reaches deal with two Chuquicamata unions

Chile’s Codelco’s, the world’s top copper miner, said on Thursday it had reached an agreement on the contract for two unions at its sprawling Chuquicamata copper mine in the north of the country.

The agreement, which covers 611 workers, includes a salary increase of 1.2% and signing bonuses for a total of 11.5-million pesos (about $16 500).