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it and stoked global supply fears. Union leader Marcelo Tapia said workers would graduallyresume operations early on Saturday after lifting a stoppage atthe mine that extracts 7 percent of the world's copper. Theunion said on its website workers would start heading up to themine at 9 p.m. on Friday (0100 GMT Saturday). Escondida's mine operator said in a statement it had"started the process of progressively resuming operations." A spokesman for BHP Billiton (BHP.AX: Quote) (BLT.L: Quote) in Londonconfirmed the deal had been signed. He declined to comment onoutput losses due to the strike, which is believed to have costBHP more than 40 christian louboutin louis sneakers for sale ,000 tonnes of copper production. The end to the strike christian louboutin louis sneakers for sale , which surprised markets bystretching on for two weeks christian louboutin louis sneakers for sale , will likely ease supply fears andadd to a sharp fall in copper prices as a gloomy globaleconomic outlook sparks a flight to save-haven assets. Copper CMCU3 rose to near four-month highs earlier thisweek, thanks in part to the stoppage, but has shed more than$500 in value as investors fret over the global economy. "The stoppage is over," Tapia told Reuters. "Operationswill start up again tomorrow morning." Union sources said workers ultimately gave in to thecompany's hardball tactics and accepted an unimproved offerthey had already rejected once because they were tired andtheir families were pressuring them to return to work. "This (the end to the strike) might remove some of that(price) support, but I think what's going to be far moreinfluential to prices is what happens on the macro front overthe next few days," said Gayle Berry, an analyst with BarclaysCapital in London. Copper hit a five-week low on Friday in London as riskaversion resurfaced and mounting concerns about global economichealth caused investors to shed exposure to risky assets.Copper CMCU3 fell to $9 christian louboutin louis sneakers for sale ,114.75 per tonne. The world's top miner had defied strikersbuy christian louboutins on sale Updates prices, resubmitting alower bonus offer that aimed to set an example to workers atother mines mulling similar pressure tactics