Kazakh miner to raise wages if protest ends
Source: Agencies |
May 7, 2012, Monday
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KAZAKH copper miner Kazakhmys agreed yesterday to raise wages if about 300 workers call off an underground protest that has unnerved authorities in the Central Asian state following deadly riots in an oil town.
London-listed Kazakhmys, the world's 11th-largest copper producer, sent senior managers to negotiate with the miners in central Kazakhstan and said it would not punish striking workers if they agreed to enter constructive talks.
Around 80 miners failed to emerge after their Friday shift at the Annensky underground mine came to an end. They were later joined by over 200 workers from two nearby mines owned by Kazakhmys, a source at the firm said, requesting anonymity.
"Kazakhmys management has expressed its willingness to meet the key requirements put forth by workers in a collective letter, including the issue of raising wages," the company, which is in the FTSE 100 index, said in a statement.
In return for meeting these demands, the company said miners should return to the surface by 2200 local time yesterday and that people gathered near the mine's headquarters should disperse.
Authorities in Kazakhstan, a former Soviet republic of 16.7 million people, are especially wary of labor unrest in single-industry towns.
London-listed Kazakhmys, the world's 11th-largest copper producer, sent senior managers to negotiate with the miners in central Kazakhstan and said it would not punish striking workers if they agreed to enter constructive talks.
Around 80 miners failed to emerge after their Friday shift at the Annensky underground mine came to an end. They were later joined by over 200 workers from two nearby mines owned by Kazakhmys, a source at the firm said, requesting anonymity.
"Kazakhmys management has expressed its willingness to meet the key requirements put forth by workers in a collective letter, including the issue of raising wages," the company, which is in the FTSE 100 index, said in a statement.
In return for meeting these demands, the company said miners should return to the surface by 2200 local time yesterday and that people gathered near the mine's headquarters should disperse.
Authorities in Kazakhstan, a former Soviet republic of 16.7 million people, are especially wary of labor unrest in single-industry towns.
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