HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Nickel going up??????

posted on Jan 31, 2010 04:05PM

Strike looms at Xstrata Nickel's Greater Sudbury operations

Updated 47 secs ago

Harold Carmichael

The Sudbury Star

PIX SHOT BY HAROLD SUN

A strike at Xstrata Nickel's Greater Sudbury's operations seems to be a certainty as the midnight Sunday deadline approaches.

After marathon bargaining talks over the weekend between the company and Mine Mill Local 598/CAW, which represents 540 production and maintenance workers and another 580 members laid off in February, 2009, the two sides appear to be miles apart.

"If they are looking for a deal by midnight tonight, they will get it," CAW spokesman Jerry Dias, a member of the union's bargaining team, told reporters at a press conference at the Radisson Hotel Sunday afternoon. "But it's not going to be on our conditions. It will recognize the rights and privileges of our members. It has to respect the wishes and considerations of our members and the community at large."

Richard Paquin, president of Mine Mill Local 598/CAW, echoed Dias' comments.

"We haven't given up," he said. "It is still our intention to do a deal. (But) It will not be on the company's terms. We will not go back. We will hold resist concessions. We are here to make everybody satisfied."

The union's bargaining team has a strike mandate from its members. If a strike is launched, pickets will be set up at the Falconbridge Smelter, Nickel Rim South Mine, and the West End gate in Onaping starting at 12:01 a.m. Monday.