Copper - analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Copper - analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stephen O who wrote (1809)	7/12/2007 8:23:22 AM
From: TheSlowLane	of 2131

Another strike...Zambia this time... Kansanshi copper miners go on strike in Zambia LUSAKA (Reuters) - Workers at Zambia's Kansanshi copper mine, a unit of Canada's First Quantum Minerals <FN.TO>, have gone on strike in a dispute over pay, state media reported on Thursday. The Mine Workers Union of Zambia said its members walked off the job on Wednesday after learning that management had changed the terms of a wage agreement reached last week, effectively reducing a 21 percent pay increase for the workers, the Times of Zambia said. It was not immediately clear how many miners were taking part in the industrial action, but officials said the dispute had halted operations at the mine in Solwezi, located 900 km (562 miles) northwest of the capital Lusaka. The mine began operations in 2006. 'If our members refuse to go back to work, there is nothing we can do. We were underpaid after agreeing on a 21 percent increment,' union official Dustan Kalebwe was quoted as saying by the newspaper. [Note: Fortunately, Reuters got the ticker symbol wrong!]

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next