HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Xstrata to shut Timmins Smelter
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Dec 07, 2009 07:30PM
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Dec 07, 2009 08:10PM
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Dec 07, 2009 10:50PM

Moth balling a plant is saying that you are not going away. To get maximum bang from a comment you say 'Closing'.

What they could be saying is - Government, give me a few million $ to convert the plant from zinc and copper to nickel and copper.

The incentive or bargaining chip are the preservation of jobs in a region and time that need them badly.

The spin is probably on Xstrata's part, I am just making a suggestion of one far fetched possibility.

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Dec 08, 2009 10:48AM
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Dec 08, 2009 11:53AM
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