BHP Billiton Nickel Workers Threaten Strike in Colombia

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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Equitas Resources (TSXV:EQT; FSE:T6UN) is one of the first junior resource companies in the last 20 years to hold such a large, consolidated land package in the Voisey’s Bay district. With a first-class, experienced team of professionals skilled in raising capital and managing successful exploration projects Equitas Resources has a tight share structure on early stage of nickel focused exploration. Learn more about this world class deposit.

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