Austral Gold said on Friday a near one-month long strike by two unions ended at its flagship Guanaco and Amancaya mines in Chile after reaching an agreement to increase pay and benefits by 15% along with a one-time bonus.
The Australia-listed miner that is focused on Argentina and Chile said its flagship mines would restart operations next week, and it does not expect a major hit to its 2020 output forecast of between 55 000 to 60 000 gold equivalent ounces.