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October 4, 2008 Weblog:

Xstrata Faces Strike and Credit Crunch

Bad month for Xstrata, one of the worlds biggest mining groups.

First, CAW Local 599 goes on strike in Timmins, Ontario at the Copper Kidd Metallurgical mine.

Then it's pitch to take over Lonmin, an Anglo-African platinum mine company , fails because of the Credit Crisis.

Xstrata took over Canadian mining company Falconbridge in 2006.

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The Dominion is a monthly paper published by an incipient network of independent journalists in Canada. It aims to provide accurate, critical coverage that is accountable to its readers and the subjects it tackles. Taking its name from Canada's official status as both a colony and a colonial force, the Dominion examines politics, culture and daily life with a view to understanding the exercise of power.

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