Nickel miners approve contract
Article Abstract:
Bringing an end to a six and a half-month strike at Falconbridge Ltd's (Toronto, Canada) nickel mine in Sudbury, Canada, the Canadian Auto Workers union has approved a new contract offered by the company. As part of the $Can32-mil package, Falconbridge will provide a Can$2,000 signing bonus and payment of a pension of Can$3,000 a month after 30 years of service. Wages will be increased by 50 cents an hour to Can$23.70. According to a CAW spokesperson, the strike cost Falconbridge Can$55 mil.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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Fracmaster founder wants his money
Article Abstract:
Calgary, Alberta-based Fracmaster Ltd.'s founder, Alfred Balm, seeks to secure the final C$281.4-million installment payment from the sale of his shares in the company. Balm clarified that he is not interested in assuming control of Fracmaster, an oil-field services firm. Balm's clarifications, in effect, disproved speculations that he will reassume control of Fracmaster instead of seeking the final installment payment of his share sale.
Comment:
Has its founder, Alfred Balm, seeking to secure the final C$281.4-mil installment payment from the sale of his shrs in the co
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Canadian miners find it tough to unearth Russian wealth
Article Abstract:
The draw to Russia's rich mineral deposits for Canadian investors and the bureaucratic difficulties that they face when attempting to mine those deposits are discussed.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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