Philex Mining and Padcal Union Reach Settlement, Ending Strike
Philex Mining Corp. signed a settlement with the National Mines and Allied Workers union at its Padcal mine in Benguet, halting a days-long strike over a collective bargaining agreement.
The dispute at Philex Mining's Padcal copper mine, which had seen workers walk out for several days, was resolved after the company and the National Mines and Allied Workers union agreed on a new collective bargaining agreement. Company head Manuel Pangilinan announced the settlement to the Philippine stock exchange. The agreement ends the strike that had disrupted operations at the Benguet site.
Why it matters
The deal ends a strike that threatened copper output and local employment in the Philippines.
In this story
Philex MiningPadcal minecollective bargaining agreementstrikesettlementBenguetlabor unionManuel Pangilinan
