Lundin Gold exceeds guidance with record annual production
Gold production reached a record 502,029 oz. in 2024.
Canada’s Lundin Mining, owner of the Candelaria mine in Chile, has requested government mediation in a last-ditch effort to stave off a strike by one of its unions after failing to reach a contract deal, the company said on Wednesday.
The mine’s union of 350 members rejected the company’s latest most recent offer on Sept. 28, leaving negotiations at a stand-still.
“If a collective contract is not signed within this period, workers can exercise their right to strike,” the company said in a statement, reiterating its willingness to reach an agreement.
The union could not be immediately reached for comment.
Candelaria produced 111,400 tons of copper in 2019.
(By Fabian Cambero and Dave Sherwood; Editing by Chizu Nomiyama)
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