Photo: Carlos Slim (Forbes)
Workers at the El Coronel mine in the central Mexican state of Zacatecas ended a two-month-old strike after reaching an agreement with mining firm Frisco, the federal Labor Secretariat said.
In a filing with the Mexican Stock Exchange, the company owned by magnate Carlos Slim confirmed that the “illegal strike” had been brought to a close Thursday and that the mine “will begin operating again shortly.”
Under the agreement, Frisco “will not proceed with or initiate plans to dismiss or sue the striking workers.”
The company also pledged to pay 100 percent of wages that went unpaid during the job action, half “at the time of the lifting of the strike and the other half when those workers complete a specific training program.”
The workers at the open-pit gold and silver mine agreed to allow the Labor Secretariat to determine whether the company’s profit-sharing payments to them were in accordance with the law.
The secretariat said both the federal government and the Zacatecas administration “participated as mediators to ensure the negotiation process ended with a restart of activities,” noting the importance of mining for the state’s economy.
The process was carried out with respect for “the full liberty and labor autonomy of all workers involved in the dispute.”