July 24, 2008
The strike had started nine days ago at the mine, owned by Shougang of China, and it was the latest in a string of walkouts workers have held this year at mines across Peru to demand a bigger share of surging corporate profits.
“The strike has ended,” said Raul Vera, the mine’s general manager. Union officials said the Labor Ministry asked workers to end the strike at the mine, which produced 5.1 million tons of iron ore last year.
Union leaders at several mines have said companies have threatened to fire workers who had participated in a nationwide mining strike this month.
July 12, 2008
Workers were on strike at the mine last week as part of a nationwide mining walkout, and say they have unresolved complaints the Chinese company should address.
Julio Ortiz, a union leader, told Reuters the strike would start Monday morning at 8:00 local time (1300 GMT).
“It is for solution of the miners’ demands,” Ortiz said about the walkout, which is over benefits and wages.
Miners at Shougang lifted their strike last week after the government declared the nationwide walkout illegal, paving the way for companies to fire miners who did not return to work.
Dozens of protests have been held this year as Peruvians demand a bigger slice of the country’s six-year economic boom. Peru’s economy is one of the fastest growing in the world, though the poverty rate remains near 40 percent.
July 3, 2008
July 3rd (Guardian) – Workers at Peru’s third-largest copper pit threw their weight behind a nationwide strike that entered its third day on Wednesday, as miners in hard hats marched through Lima to demand a bigger slice of corporate profits.
June 25, 2008
June 25th (The Age) – Iron ore miner Territory Resources has appointed Andrew Simpson as chairman after his predecessor, Michael Kiernan, resigned to reduce his workload and focus on Monarch Gold, of which he is also chairman.
Andrew Simpson has been deputy chairman since May and has over 30 years experience in international marketing and distribution of minerals, the Perth-based company said in a statement.
Territory also appointed Richard Elman, who founded and leads supply chain manager Noble Group, as a non-executive director.
Mr Elman has nominated Noble Group vice chairman Harry Banga as his alternate on the board.
Noble Group owns 70 per cent of Crawley Resources Ltd, which holds a 27 per cent shareholding in Territory Resources.