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Lusa - Business News - Angola: President invites Portugal PM to make official visit, boost relations
Lisbon, April 26, 2024 (Lusa) - The Angolan president, João Lourenço, announced on Friday in Lisbon that he has invited the Portuguese prime minister, Luís...
Lusa - Business News - Angola: State should stop relentless Carlos São Vicente smear campaign – lawyers
Luanda,April.26,2024(Lusa)-The lawyers of businessman Carlos São Vicente on Friday called for an end to what they consider to be a ‘relentless campaign’ of discrediting ...
Lusa - Business News - Portugal: Stock market closes with benchmark PSI up 1%, Mota-Engil leading pack
Lisbon, April.26,2024(Lusa)- The Lisbon stock market closed higher on Friday, with the PSI index gaining 1.07% to 6,612.51 points, with Mota-Engil standing out, up 3.54%....
Lusa - Business News - Portugal: PM intends to deepen Portugal-Angola trade relations
Lisbon, April.26,2024 (Lusa) - Portugal's prime minister said on Friday that he intends to maintain bilateral cooperation between Portugal and Angola and ‘deepen trade relations’,...
Lusa - Business News - Cabo Verde: TAAG to restart Luanda-Sao Tome-Praia flights this year - CEO
Praia, April.26,2024(Lusa) - Angola's flag carrier airline (TAAG) should resume flights between Luanda and Praia this year, with a stopover in São Tomé and Príncipe,...
CNA - Deposits and loans in Cyprus banks continue rising in March, according to CBC
Total deposits and loans in the Cyprus banking system continued their annual gains in March with the liquidity in the system exceeding €27 billion, ...
Lusa - Business News - Sao Tome: Country unable to capitalise on its oil assets - ex-minister
São Tomé, April 26,2024 (Lusa) - São Tomé and Principe's former minister for infrastructure, Osvaldo D'Abreu, says that oil is an asset that the archipelago...
CNA - القبرصي أندرياس ميخلي يترشح لرئاسة بلدية لندن
برز اسم اندرياس ميخلي كواحد من بين المرشحين الثلاثة عشر لمنصب عمدة لندن في الانتخابات المحلية المقرر إجراؤها في الثاني من أيار/مايو المقبل.
هذا الرجل البالغ من العمر 39 عاماً وصاحب صالة ألعاب رياضية، مولود في شمال لندن من أصل قبرصي وله جذور من قرية أكاكي...
Lusa - Business News - Portugal: Number of trips abroad by residents up 21.5% in 2023 to record 3.2M
Lisbon,April.26,2024(Lusa)- The number of trips abroad made by residents of Portugal was up 21.5% last year, to 3.2 million, an all-time high in a year...
Lusa - Business News - Portugal: Local council against floating solar power plant on Cabril reservoir
Pedrógão Grande, Leiria, Portugal, April26,2024(Lusa)- Portugal's Pedrógão Grande town council on Friday issued a negative opinion on the installation of a floating solar power plant...
Lusa - Business News - Macau: Consumer price inflation 1.09% in March, driven by hotels, culture, food
Macau,China,April 26,2024(Lusa)-Macau's consumer price index in March was up 1.09% on the same month a year earlier, the Statistics and Census Bureau(DSEC) announced on Friday....
Lusa - Business News - Potugal: Customer deposits in March up 4.2% YoY to highest level since end-2022
Lisbon, April.26,2024(Lusa)- The stock of deposits held by individuals in Portugal was in March this year up 4.2% on the same month of last year,...
CNA - الرئيس خريستوذوليديس: تركيا تلقت رسالة واضحة من أوروبا
قال رئيس الجمهورية نيكوس خريستوذوليدس اليوم الجمعة، إن تركيا تلقت رسالة واضحة من أوروبا مفادها أن مشاركتها الجوهرية في القضية القبرصية على الأساس المتفق عليه، ستكون بمثابة حافز لتطور العلاقات الأوروبية - التركية. ...
Lusa - Business News - Macau: European travel association calls for mainland to ease visa restrictions
Macau, China, April 26, 2024 (Lusa) - The European Confederation of Travel Agents and Tour Operators Associations argued on Friday that the promotion of Macau...
Lusa - Business News - Mozambique: Cabo Delgado ruby mine brings in €983M for Gemfields unit since 2012
Maputo,April.26,2024(Lusa)-The mining of rubies at a facility run by MRM in Cabo Delgado,in northern Mozambique,has brought in the equivalent of almost €1 billion since 2012,...
Lusa - Business News - Portugal: Foreign press highlights 25 April celebrations
Lisbon, April 26,2024 (Lusa) - The controversy over colonial reparations and the images of the popular celebrations of the 50th anniversary of the 1974 Revolution...
Lusa - Business News - Portugal: Stock market trading higher, Jerónimo Martins up more than 7%
Lisbon, April 26,2024 (Lusa) - The Lisbon stock market was trading higher on Friday, with Jerónimo Martins shares leading the gains, rising 7.12% to €20.10,...
Lusa - Business News - Portugal: Justice ministry schedules more meetings with justice, prison unions
Lisbon, April.26,2024 (Lusa) - Portugal's Ministry of Justice has scheduled new meetings for next week with various trade unions representing Correctional Officers and Prison Guards,...
Lusa - Business News - Mozambique: Foreign debt service increased almost 20% in 2023 to €611.5M
Maputo, April 26, 2024 (Lusa) - Mozambique spent $654.2 million(€611.5 million) on servicing its external public debt in 2023, up almost 20% in a year,...
CNA - الرئيس خريستوذوليديس يعلن عن الحوار مع مجتمع الأعمال وحملة تغيير العلامة التجارية
أعرب رئيس الجمهورية نيكوس خريستودوليديس عن اقتناعه أنه رغم التطورات الإقليمية والجيوسياسية المتعددة، بإمكان قبرص أن تتعامل بنجاح مع البيئة الدولية التنافسية وغير المستقرة وغير المتوقعة، وأن تكون كنا هو مخطط لها في "رؤية 2035"، أن تكون واحدة من أفضل الأماكن في العالم للعيش والعمل...
CNA - الرئيس خريستوذوليديس يعقد اجتماعاً للمجلس الوطني اليوم
يترأس رئيس الجمهورية نيكوس خريستوذوليديس اليوم الجمعة جلسة للمجلس الوطني وهو أعلى هيئة استشارية في البلاد، حيث سيطلع رؤساء الأحزاب السياسية على آخر التطورات في الجهود الرامية إلى استئناف المحادثات القبرصية ونتائج المجلس الأوروبي الأخير بشأن العلاقة بين الاتحاد الأوروبي وتركيا. ...
Lusa - Business News - Mozambique: Standard Bank reports record profit of €107.5M in 2023
Maputo, April.26,2024(Lusa)- Profits at Standard Bank, one of Mozambique's three largest banks, increased by 7.8% in 2023 to a ‘record’ 7.378 billion meticais (€107.5 million),...
Lusa - Business News - Portugal: Jerónimo Martins sales up 18% to €8.1B in Q1
Lisbon,April.26,2024(Lusa)-Jerónimo Martins' sales grew by 18% in the first quarter of the year, surpassing €8.1 billion, according to the results sent to the Portuguese Securities...
Lusa - Business News - Portugal: Top newspaper headlines on Friday, 25 April
Lisbon,April.26,2024(Lusa)-All the newspapers are covering yesterday's 50th anniversary of the 25 April revolution and the thousands of people who took to the streets to celebrate....
Lusa - Business News - Portugal: Union, boss differ on strike take up at Neves-Corvo copper, zinc mine




Castro Verde, Beja, Portugal, March 26, 2024 (Lusa) - Workers at Somincor, the concessionaire of the Neves-Corvo mine in Portugal's Castro Verde district (Beja), are holding the first of two days of general strike action on Tuesday, with the union and the company differing on participation figures.
Speaking to the Lusa news agency, the leader of the mining industry workers' union (STIM), Albino Pereira, gave a "positive" assessment of the strike, revealing that until 08:00 it had "a good turnout".
Albino Pereira said that, in the first shift, the strike was supported by around "half" of the staff working at the bottom of the mine, while in the surface teams "approximately 30%" of the workers were out on strike.
Contacted by Lusa, an official Somincor source revealed that, according to the company's attendance records, strike take-up "was 9.6%".
The general strike at the four daily shifts at the Neves-Corvo mine was approved by the workers in a plenary session earlier this month and will last until 8am on Thursday.
In the strike notice submitted, STIM demanded wage increases of €150 and "all other matters of monetary terms", namely bonuses and long hours, and improvements to professional careers and automatic promotions.
Taking measures to safeguard the life, health and physical and psychological integrity of workers was another demand made of the company.
Speaking to Lusa on 13 March, the STIM leader said that in 2024 Somincor only granted "a 4.3% increase [in salaries], which in no way corresponds to what was demanded" by the workers, as well as "barring any negotiations".
On the same day, Somincor's managing director, António Salvador, considered that the 4.3% increase in wages was "above the national average and well above the average for the national mining sector".
According to the manager, the mining company is facing "an economic and financial situation of great difficulty", motivated by "strong inflationary pressure on costs, the devaluation of base metal prices on international markets and the devaluation of the dollar", the reference currency for the sale of metals.
Therefore, he added to Lusa, "this increase is what is possible within this context and any other scenario irremediably jeopardises the company's financial sustainability and Somincor's continued local, regional and national status, which is certainly what we all want".
Owned by the Swedish-Canadian multinational Lundin Mining, Somincor is the concessionaire of the Neves-Corvo mine, which mainly produces copper and zinc concentrates, as well as silver and lead, and where around 2,000 people work.
Last year, a total of 108,812 tonnes of zinc and 33,823 tonnes of copper were produced at Neves-Corvo, according to the 2023 production report and outlook for the three-year period 2024-2026 released by Lundin Mining.
In addition to Neves-Corvo, the multinational based in Toronto (Canada) also owns the Candelaria and Caserones mines (both in Chile), Chapada (Brazil), Josemaria (Argentina), Eagle (United States) and Zinkgruvan (Sweden).
CYMP/AYLS // AYLS
Lusa


Agency : LUSA

Date : 2024-03-27 10:55:00







 

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