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Teck says workers at one of its Chile mines ratify new labour contract
A truck hauls a load at Teck Resources Coal Mountain operation near Sparwood, B.C. in a handout photo. THE CANADIAN PRESS/HO, Teck Resources
VANCOUVER - Teck Resources Ltd. (TSX:TCK.A), Canada's largest publicly traded miner, says workers at its Quebrada Blanca mine in Chile have ratified a new 46 month agreement.
The new deal, announced by the Vancouver company Tuesday, runs through November 2015, replacing a deal that expired on Jan. 31, 2012.
The company provided no further details on the agreement.
"Our discussions with the union have reached a successful conclusion, and we are pleased to have reached a new collective agreement at our Quebrada Blanca operation," said Alvaro D�az, interim general manager at Quebrada Blanca.
Teck is a diversified miner producing steelmaking coal, zinc, copper and energy.
The company's energy business includes a 20 per cent stake in the Fort Hills oilsands project and a 50 per cent interest in the Frontier project in the Athabasca region of northern Alberta.
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