strike at us mining giant in indonesia to end
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
Egypt Today, egypt today

Strike at US mining giant in Indonesia to end

Egypt Today, egypt today

Egypt Today, egypt today Strike at US mining giant in Indonesia to end

Timika, Indonesia - AFP

Workers at US company Freeport McMoRan's giant gold and copper mine in Indonesia's Papua region agreed on Monday to end a strike that has lasted more than a week. "We have signed an agreement with the employees. We hope they will resume to work soon," company spokeswoman Sinta Sirait said after talks ended late Monday. More than 8,000 workers from the company went on strike on July 4 to demand better wages, disrupting production. "Since the strike, the company's activities have been paralysed as production stopped. We don't know yet how long we will need to fix the installations damages," she said. But the parties have not yet reached a deal over workers' demands on salary increases. "There will be further negotiation after this," union chief Sudiro told reporters, adding that workers are expected to back to work in one or two days. There are more than 11,000 employees at the mine, according to February data provided by the company's union. They asked the company to raise their salary as their current income was the lowest among McMoRan employees in other countries. The Freeport mine sits on some of the world's richest gold reserves and the US company's local subsidiary is the largest single taxpayer to the Indonesian government. Papua, a resource-rich region on the western end of New Guinea island, has been the site of a low-level separatist insurgency since its incorporation into Indonesia in the 1960s.

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strike at us mining giant in indonesia to end strike at us mining giant in indonesia to end



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