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NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Collahuasi talks stall, both sides willing to go on Tweet This Share on LinkedIn Share on Facebook By Fabian Cambero IQUIQUE, Chile (Reuters) - Talks to end a month-long strike at the world's No. 3 copper mine stalled in the final stretch on Friday in a dispute over bonuses, although both sides said they were willing to continue negotiating. Col... Related News UPDATE 3-Chile Collahuasi strike talks face final hurdle 7:41am EST Collahuasi continues to normalize ops amid strike 5:10am EST Collahuasi continues to normalize ops amid strike Thu, Dec 2 2010 Chile Collahuasi workers near deal to end strike Wed, Dec 1 2010 Chile's Collahuasi says output 'normal' amid strike Wed, Dec 1 2010 Related Topics World » Stocks By Fabian Cambero IQUIQUE, Chile | Fri Dec 3, 2010 2:52pm EST IQUIQUE, Chile (Reuters) - Talks to end a month-long strike at the world's No. 3 copper mine stalled in the final stretch on Friday in a dispute over bonuses, although both sides said they were willing to continue negotiating. Collahuasi said talks with union leaders collapsed after workers made "excessive" demands, a sign the walkout -- already the longest-ever among major Chilean private copper mines -- could drag on. "The intransigence and lack of realism by the union leadership about the circumstances of the process has led, once again, to the breakup of negotiations," the company said in a statement. But Collahuasi and the workers are willing to continue negotiations, the company and the union said. Sources close to the talks, who asked not to be identified, had said that the sides were close to an agreement, but were struggling to reach a deal on bonus payments for workers. The strike entered its 29th day on Friday, now longer than the nearly four-week 2006 stoppage at Escondida, the world's top copper mine. Collahuasi is seen taking a hard position on bonuses to debilitate union leadership and a set a precedent to unionized workers, who resort to tough tactics to wrest more benefits from employers. The union says leaders of private and state mining federations -- which extract most of the copper in Chile -- are mulling actions to support the strike, in a show of strength to pressure Collahuasi. Management had tried to bypass the union with a direct offer to workers in an attempt to break the strike while its union organized a several marches and turned to labor courts and fines for strike defectors to keep its members united. The strike is seen as one of the toughest ever-faced by any foreign miner in Chile, where labor action is usually short-lived, but soaring copper prices have embolden workers to demand a bigger slice of profits. Copper prices rose when workers struck in November, but since have shown little sensitivity to the walkout, partly because the operator has kept supplies flowing and other factors such as the euro zone debt crisis have taken precedence. For weeks, Collahuasi has said operations were normal according to a contingency plan, and has delivered copper to buyers in Asia and Europe. At least 220 full-time workers broke from the strike at Collahuasi, which extracts 3.3 percent of global mined copper, or 535,000 tones a year. The mine has also hired hundreds of temporary workers and around 100 new, permanent employees. The mine, owned by Xstrata and Anglo American, had by last week probably suffered minimal losses of about 6,000 tones, or about 1 percent of annual output, traders say. (Writing by Alonso Soto and Brian Ellsworth; Editing by Simon Gardner) World We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. 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