Vale says report on Canada mine strike flawed
Reuters.com reports that Vale (NYSE:VALE) says the report put forth by the government on the 17-month strike at its' mine in Eastern Canada is incomplete and therefore, unusable
Reuters.com reports that Vale (NYSE:VALE) says the report put forth by the government on the 17-month strike at its' mine in Eastern Canada is incomplete and therefore, unusable
CBC.com reports that Vale (NYSE:VALE) and striking Labrador workers are returning back to the bargaining table.
Mining Weekly.com reports that Vale (NYSE:VALE) is changing it's focus in Canada, closing their operations in Manitoba, and redirecting their funding to projects to other Canadian locations.
CBC.com reports that Brazilian Miner Vale (NYSE:VALE) is shutting down their nickel smelter and refinery in Thompson, MB.
Reuters.com reports that Vale (NYSE:VALE) is set to begin exporting Nickel from its' N. Caledonia project, two years behind schedule.
CBC news reports that talks have ended abruptly between mineworkers and Brazilian mining giant, Vale (NYSE:VALE), who owns the nickel min in Voisey Bay, Labrador. The story is quoted as saying: “We sat down, and very early in the conversations realized that there was no willingness on the company’s part to engage in negotiations,” said Darren [...]
With other base metals reacting positively to last week’s results from the European Bank stress tests, nickel prices started the week flat. But, if demand for nickel is soft in the short-term, analysts believe it will be temporary as the supply-demand balance continues to improve.
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