Monday, January 18, 2010

Vale Inco Update

Vale Inco sent in a new offer to the United Steelworkers Union to settle the labour dispute in Voisey’s Bay.

Bob Carter is the Manager of Public Affairs for the Company.

He says the new proposal was sent last Wednesday, but there was no mention as to what it contained.

Carter says the United Steelworkers have now been on strike for five and a half months at Voisey’s Bay mine site.

The new proposal is believed to be the best resolution made to help move forward.

Carter says there has been no mining activity at Voisey’s Bay since August 1st 2009, as a result of the strike.

However, the two sides were expected to be at the negotiating table this week.

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