Bloomberg News

Freeport’s Cerro Verde Union Expects Dec. 27 Peru Wage Agreement

December 15, 2011

Dec. 15 (Bloomberg) -- Freeport-McMoRan Copper & Gold Inc.’s Peruvian unit, which ended a 61-day strike last month, expects the government will settle a wage dispute on Dec. 27, a union official said.

Workers at Freeport’s Sociedad Minera Cerro Verde SAA unit, who returned to the mine Nov. 30, today ratified planned 48-hour strikes Dec. 24-25 and Dec. 31-Jan. 1 to pressure for a one-year wage increase, union official William Camacho said today in a telephone interview.

To contact the reporter on this story: Alexander Emery in Lima at aemery1@bloomberg.net

To contact the editor responsible for this story: Alexander Emery at aemery1@bloomberg.net


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