This morning’s Globe & Mail reports on mining job losses at Myra Falls on Vancouver Island. A company spokesman said:
While we view this as a temporary suspension, our challenge is that we’ve seen the price of zinc move from 76 cents to 48 cents in a month.
Down in Salt Lake City representatives of the governor attended the opening of operations by Cementation whose current USA projects are described thus:
Cementation USA’s main projects now are the excavation of a 28-foot diameter shaft, 7,000 feet down to a deep ore body outside of Phoenix; cutting an 11 percent grade ramp for Kennecott Minerals to a nickel and copper deposit in Michigan’s Upper Peninsula; and developing a shaft for Hecla Mining Co.’s Lucky Friday mine east of Coeur d’Alene, Idaho.
The report tells us that Cementation, an offshoot of South African company Murray & Roberts, plans to increase staff to 422 over the next decade. We note that this items is the only one in a list of ten that talks of increased employment in the mining industry. The other nine talk of job losses.
