The strike at Tahoe Resources’ La Arena mine in Peru has come to an end, the company announced on Wednesday evening. Normal operations are expected to resume within 48 hours of the announcement.

In a press release, Tahoe said all parties involved have agreed to resume operations as soon as possible, and that “concerns raised by the community of La Arena have also been addressed.”

The strike, which began on April 20, occurred during the company’s annual collective bargaining period with the La Arena Union. The union represents around 65 per cent of the 700-person workforce at the mine.

The strike started over the union’s demand for a bigger share of the company’s profits for employees, while Tahoe maintained it was acting in accordance with the country’s labor law. Peruvian labour law requires miners pay their employees profit sharing.

The company said in late April that it did not expect the strike to affect La Arena’s production, as not all employees were participating. The Peruvian labour ministry declared the strike illegal, and in its first-quarter financial results, released earlier on Wednesday, Tahoe said it was not paying employees who did not report for work, and felt it was legally able to terminate striking workers.

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While the strike at La Arena was short-lived, Tahoe’s flagship Escobal mine in Guatemala is still in a prolonged shut-down over the reinstatement of subsidiary Minera San Rafael’s mining license.

Operations at Escobal have been halted since July 2017, and Tahoe is currently awaiting a ruling by the country’s constitutional court. While a Supreme Court ruling in September 2017 was set to reinstate the mining license, an appeal by Guatemalan human rights organization CALAS delayed the process. The constitutional court has yet to rule on the matter.

The appointment of a new constitutional court president, Dina Ochoa, in April is expected to speed up the resolution process as she has publicly said it is her priority to expedite unresolved cases.

In addition to the pending constitutional court decision there is also the issue of a roadblock put in place by a group of protesters on the primary highway to the Escobal mine – in place since last June – which limits the transport of supplies and fuel for mine maintenance during the closure and would hamper work efforts if the mine was to reopen. Tahoe said yesterday in its first-quarter report that efforts to peacefully resolve the roadblock have made “significant headway” in recent weeks and that it is continuing “constructive dialogue” with the protesters.