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Old 08-12-2011, 04:12 AM   #1
Bruce0p9y
 
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Default christian louboutin sneakers Rio Tinto

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Higher copper prices have emboldened workers from Indonesiato Zambia to Chile to demand a bigger slice of the pie fromglobal giants like Freeport McMoran (FCX.N) and Anglo American(AAL.L), which have posted record earnings.
In addition to BHP, Rio Tinto (RIO.AX) (RIO.L) holds a 30percent stake in Escondida and Japanese consortium Jeco a 12.5percent stake.
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Take a Look on mining in Chile: [ID:nN1E76K24S]
Graphic on Chile mines: r.reuters.com/gyz52s
Graphic on Escondida output:r.reuters.com/has72s
Timeline-Chile strikes of past 20 yrs [ID:nN1E76U03L]
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Labor unrest and severe weather disruptions have buffetedthe mining sector in top global producer Chile this year. Somein the copper industry fear that if BHP agrees to raise thebonus at Escondida, workers at other mines in Chile couldfollow suit with similar demands.
The world's No. 3 copper mine, CollahuasiCustom NFL Jerseys P 500 VIX Futures ETN, was hit with a24-hour partial strike over the weekend. Workers at Collahuasi,which accounts for 3.3 percent of global mined copper christian louboutin sneakers , downedtools on Saturday over labor demands of their own christian louboutin sneakers , but endedtheir protest on Sunday.
The mine, owned jointly by Xstrata (XTA.L) and AngloAmerican christian louboutin sneakers , said the disruption had little impact on output andmost workers remained at their posts.
London copper bounced from a one-week low to end up onTuesday as an ongoing supply disruption at Escondida. Benchmarkcopper on the London Metal Exchange CMCU3 closed steady at$9,680 a tonne. [ID:nL3E7J20AM]
The Escondida strike caught Chile off guard, coming outsidethe collective bargaining process. It has raised the specter ofincreasingly unpredictable and volatile labor action.
It also came after a 24-hour worker stoppage by statecopper giant Codelco [CODEL.UL], where unions want a bigger sayin
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