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    market news

    BHP Billiton Nickel Workers Threaten Strike in Colombia

    Investing News Network
    Feb. 12, 2013 05:41AM PST
    Base Metals Investing

    Bloomberg reported that BHP Billiton’s Cerro Matoso mine in Colombia, is being threatened with a strike by its workers if the company disciplines worker Jamer Ledesma for allegedly failing to follow a safety procedure.

    Bloomberg reported that BHP Billiton’s Cerro Matoso mine in Colombia, is being threatened with a strike by its workers if the company disciplines worker Jamer Ledesma for allegedly failing to follow a safety procedure.

    As quoted in the market news:

    Cerro Matoso is world’s number two producer of ferronickel, according to BHP Billiton’s website. A strike at the mine five years ago contributed to a 16 percent increase in the price of nickel during the first quarter of 2008. In December, the company extended its lease on the mine until 2029.

    Click here to read the full Bloomberg report.

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