Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Re: NICKEL CUTS Vale Inco
1
Mar 03, 2009 05:43AM

These reductions include 261 staff jobs in Sudbury so far. The contract expires in May so it is likely that they will be very tough negotiations and possibly a strike.

This brings to 3450 the number of mining related job cuts in Sudbury since last fall.

There is rampant speculation of a shutdown and hourly rate layoffs to follow at Vale Inco.

SN

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