August 23, 2017
Global mining giant Vale’s decision to review its global operations in light of depressed nickel prices is causing anxiety among Indigenous workers at its Voisey’s Bay mine in Labrador.
As part of its 60-day audit, the Brazilian miner (NYSE:VALE) has put on hold a decision about an underground expansion project at the Atlantic mine that would create more than 400 jobs and extend its life for 15 years.
“These are some of the higher paying jobs you find in our communities,” said Darryl Shiwak, Lands and Natural Resources Minister for the Inuit people of Nunatsiavut.
“So with the high unemployment rate and the amount of seasonal work, these jobs are extremely important.”