Capstone Copper Says Chilean Mine Operations Expected to Continue at Up to 30% Level After Strike; Shares Up 3%

MT Newswires Live

01/12

Capstone Copper (ASX:CSC) said it expects to continue operations at the Mantoverde copper mine in Chile at a level of up to 30% of normal production after one of the four unions at the mine went on strike, according to a Monday Australian bourse filing.

Union #2, one of the four unions at Mantoverde, representing around 50% of employees at the mine, or 22% of the firm's total workforce, went on a strike starting Jan. 2.

As a result of the strike, certain activities at the mine were gradually reduced in a safe manner, per the filing. The firm added that it will continue to adhere to legal procedures, respecting the rights of all its employees, inviting the union to engage in a constructive dialogue.

Capstone Copper's shares rose nearly 3% in recent trading on Monday.

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The firm added that it will continue to adhere to legal procedures, respecting the rights of all its employees, inviting the union to engage in a constructive dialogue.</p><p><a href=\"https://laohu8.com/S/CSC.AU\">Capstone Copper</a>'s shares rose nearly 3% in recent trading on Monday.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CSC.AU","symbol_name":"Capstone Copper Corp","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2602654115","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2602654115","pubTimestamp":1768176210,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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