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agmetalminer.com

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Jul 18, 2008 8:00 a.m.

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Peru Mine Strikes On Hold

Source: http://www.agmetalminer.com/2008/07/18/peru-mine-s...

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We reported the Peru mine worker strikes earlier this month, but it appears that the strikes are already coming to an end — without any immediate results. However, according to one article, “the government said it would re-examine miners’ pensions and its congress said it would reconsider a law limiting miners’ portion of shared profits to 8 percent.” These certainly aren’t promises, but the country’s largest mining union, the National Federation of Mining, Metallurgy and Steel Workers, suspended the strike after this announcement on July 7. Then again, the government also deemed the strike “illegal,” another move that could have moved worried workers back to the mines. (more…)

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