Hudbay Minerals Workers Go On Strike

The Canadian Press reported that workers at Hudbay Minerals’ (TSX:HBM) operations in Manitoba went on strike Saturday after negotiations failed on Friday. Members of the International Association of Machinists and Aerospace Workers Local No. 1848, which went on strike Saturday at noon, represent about 12 percent of Hudbay’s workforce.

As quoted in the publication:

The union has said members want changes in wages and pensions.

It said 96 per cent of its members voted against an offer from the company last month.

Hudbay said it has a contingency plan in place and expects its operations to continue.

“Hudbay sought a mutually negotiated agreement over several months and does not believe the strike action is necessary,” the company said in the release.

The union said on its website last month that one of its main objectives was to reduce the gap between apprentice and certified trade wage rates. It said it also wanted issues such as grievance procedures and contracting out addressed.

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