|Bid||828.50 x 38000|
|Ask||898.00 x 120000|
|Day's Range||878.50 - 896.50|
|52 Week Range||473.00 - 905.41|
|PE Ratio (TTM)||55.41|
|Dividend & Yield||0.31 (2.74%)|
|1y Target Est||N/A|
Stocks in Europe broadly logged a steady finish Monday, with mining shares bumped higher after China’s quarterly growth figures topped expectations.
Chilean mining company Antofagasta said on Friday it had reached a new wage agreement with supervisors at its Centinela copper mine, defusing the risk of a strike amid a volatile labor landscape in the South American country. The supervisors' union voted to strike in early July, but instead of downing tools immediately, entered a new round of government-mediated negotiations with the company as required by law. "The agreement, which was reached during the mediation phase, will be formalized today, July 14," Antofagasta said in a statement.
Workers at the Zaldivar copper mine in Chile, owned by Antofagasta Plc and Barrick Gold Corp, will resume talks with Antofagasta after voting to strike earlier this week, the union said on Thursday. Zaldivar's workers have the same legal adviser as the union at Chile's Escondida mine, the largest copper mine in the world, where workers went on strike for more than 40 days earlier this year. New labor laws have emboldened workers as low copper prices have resulted in less generous contract offers.