Southern Copper (SCCO) will sign a three-year labor agreement this week with its workers,...

|About: Southern Copper Corporation (SCCO)|By:, SA News Editor

Southern Copper (SCCO) will sign a three-year labor agreement this week with its workers, agreeing to pay a 6.5% wage increase in the first year followed by annual 5% raises, according to Peru's smelter union leader. But there's always another strike just around the corner; Peru’s Mining Federation plans a national strike later this month.