More jobs cut at Vale Canada as Manitoba ops reshaped

November 04, 2020 / www.metalbulletin.com / Article Link

Vale Canada has cut 154 jobs at its Thompson, Manitoba nickel operation, which was losing about C$300,000 ($225,700) a day, a company spokesman told Fastmarkets.

Vale has for years been restructuring its operations in the subarctic Canadian province, having closed the Manitoba nickel smelter and refinery in July 2018, but retained the two mines and milling activities.
"The steps taken were completed with an eye towards creating a long-term, sustainable future for our Manitoba operations," Vale spokesman Cory McPhee on said on Monday November 2.
"Our Manitoba Operations lost, on average, C$300,000 a day in 2019 - a reality that was shared with union officials, community leaders and provincial stakeholders well in advance."

The United Steelworkers (USW) union had issued...

Recent News

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok