- Reuters•5 hours ago
Noranda Income Fund said on Thursday zinc output at its Quebec plant, the second-largest in North America, was at 50-60 percent of normal operating levels as a five-and-a-half week long strike dragged on. It was Noranda's first statement on plant output since the strike began. Typical annual zinc production at the plant is 270,000-275,000 tonnes, Eva Carissimi, chief executive of plant operator Canadian Electrolytic Zinc, a subsidiary of global mining giant and trader Glencore Plc, said in an interview.
Colombia could produce at least 95 million tonnes of coal in 2017, below an initial target of 102 million tonnes, the mining vice-minister said on Wednesday. "The country's great potential in coal is reflected in the close to 6 billion tonnes of reserves and a potential of 16 billion tonnes," Carlos Cante, vice-minister of mining and energy, told a coal conference in the Caribbean city of Cartagena.
No meetings are planned between management and striking workers at Noranda Income Fund's zinc refinery in Quebec, the second biggest in North America, a union official said on Wednesday, as the work stoppage dragged through a sixth week. The two sides last met, along with a mediator, on March 3 but failed to break an impasse over proposed changes to the workers' pension plan in a new contract, said Manon Castonguay, the president of United Steelworkers of America Local 6486. A Quebec provincial court judge denied the union's March 15 request for an emergency injunction to halt the limited production taking place at the plant, Castonguay said.
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