Colombia’s Top Coal Mine Reaches Accord That May End Strike
This article is for subscribers only.
A union representing workers at Colombia’s biggest coal mine said it reached a preliminary wage accord that may end a monthlong strike at the complex owned by Xstrata Plc, BHP Billiton Ltd and Anglo American Plc.
Terms will be presented to workers today and tomorrow after the negotiating committee reached an agreement with management at 3 a.m. Bogota time, Luz Maria Tobon, a spokeswoman for the Sintracarbon union, said in a telephone interview. The price of European coal for delivery next year fell to a record.