Chris coulbourne mining bitcoins

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Rather, they worry that Vale wants to turn back the clock on 65 years of unionized labor and run the operation in the mold of its other mines around the world, typically bulk operations mined by workers with less pay and less job security than at the Sudbury operations. If it was this would be over right now. While many strikers are certainly struggling financially, the impact on the city itself is perhaps not as bad as feared.

This is in part due the fact that fewer workers are needed to keep the increasingly automated mines running, Indeed, the 3, mine and mill workers who walked out represents about one-quarter the number that struck in The city, meanwhile -- inspired by the heavy toll exacted by the strike -- has spent the past three decades diversifying its economy.

On this, Ball concedes Vale may have gotten caught up in the mania for nickel assets in that also saw Inco's big Sudbury rival, Falconbridge, snapped up by Swiss-based Xstrata XTA. The current plan is to continue ramping up production at the smelter, with an eye to eventually running it at full capacity, with or without the unionized workforce. Trading in the securities of Earl Resources should be considered highly speculative.

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