Strike spectre looms after Vale Inco, union break off talks

Contract negotiations have broken down between nickel miner Vale Inco and the biggest union at its Sudbury, Ontario, operations, with less than a week to go before the current collective agreement expires at midnight on July 12. Both sides...

Vale Inco, battling nickel slump, will cut 900 jobs

Nickel producer Vale Inco will eliminate about 900 full-time jobs at its global operations, in response to “ongoing challenges” in the world nickel market, the firm announced on Tuesday. The job cuts will mainly affect corporate management...

Project delays, mine shutdowns and cutbacks

A chronological summary of project delays, mine shutdowns and production cutbacks announced by miners around the world in response the falling metals prices and tightening financial markets. Begins July 2008.

Vale closes Sudbury nickel mine indefinitely, defers project

Brazil's Companhia Vale do Rio Doce will shut its Copper Cliff South mine, in Sudbury, Ontario, in January, because of weak nickel prices and slumping demand, the firm announced on Thursday morning. The mine, which produces 8 000 t/y of finished...