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Workers strike at Colombia’s top coal exporter
Coal sector faces canadian goose jacket other problems in major producers
By Jack Kimball
BOGOTA, canada goose store Feb 7 (Reuters) Workers at Colombia largest coal exporting company Cerrejon began a strike on Thursday, the first in more than two decades, after the two sides failed to reach an agreement during last minute talks on wages and benefits.
The dispute adds to problems in the Andean buy canada goose jacket nation coal industry, which is facing an environmental inquiry uk canada goose into Drummond, the second largest exporter, and a dispute at a Canada Goose Coats On Sale mine owned by a Goldman Sachs Group cheap Canada Goose Inc affiliate.
In total, about canada goose uk black friday 85 percent of Colombia daily coal production will be shut Canada Goose Parka down as a result of the canada goose sector recent problems, according to calculations by Reuters and industry sources. (2000 GMT) exactly, the strike began, Orlando Cuello of the Sintracarbon union told Reuters.
Cerrejon said the strike would cause the economy to lose about $3 million daily.
Cerrejon, Sintracarbon decision to launch a strike is unfounded and irresponsible, it said in a statement.
a canada goose clearance sale thorough analysis of the arguments raised canada goose coats by union leaders, both at the negotiating table and in their public statements, Cerrejon is not clear on what are the canada goose coats on sale real motivations that led them to order the cessation of activities.
Laborers at Cerrejon, a joint venture between BHP Billiton, Anglo American and Xstrata, voted on cheap canada goose uk Jan. 29 to strike. By law, however, they could not walk out on the first or last of a 10 day window, Canada Goose Jackets which will end on Friday.
During the previous wage talks in 2011, Cerrejon and the union were able to reach agreement. The last time Cerrejon workers carried out a canada goose outlet strike was in 1990.
Prices for coal delivered into northwestern Europe moved canada goose black friday sale up slightly on Thursday as did near term uk canada goose outlet swaps on concerns about supply canada-gooseoutlets from Colombia.
serious. We hope that the strike isn long because it has a major impact on the country, on production, on the mining part of GDP. We hope for a speedy solution to the issue, Maria Constanza Garcia, head of the government National Mining Agency, said in the coastal city of Canada Goose online Cartagena.
Like other commodity exporting countries, Colombia has faced increased environmental and social demands, which some analysts say have replaced guerrilla buy canada goose jacket cheap activity as the main risk for mining investors in the world fourth largest coal canada goose uk outlet exporter.
The coal sector faced a series of worker disputes last year, including a strike at the country main coal railway, that dragged down growth in the third quarter as stoppages bit into exports and regional economies.
On Wednesday, Colombia suspended loading at Drummond port after a coal barge nearly sank in bad weather last month, a government agency said. The Canada Goose Online suspension will be lifted once Drummond presents canada goose clearance a Canada Goose Outlet contingency plan.
Drummond Ltd vowed on Thursday to take measures at its Caribbean port.
Drummond, which is 20 percent owned by Japan Canada Goose sale Itochu Corp, produces about 80,000 90,000 canada goose uk shop tonnes per day from its mines in the northern Cesar province. The company will also hold wage discussions with workers later this year.
Nearby, Goldman Sachs affiliate Colombian Natural Resource La Francia thermal mine has remained shut since late canada goose factory sale January due to a pay dispute with the operator, union officials said.
Garcia of the mining agency told Reuters that Colombia produced 88 million tonnes of coal last year, up nearly 3 percent from the previous year, but about 4 million tonnes below the 2012 goal. Official data will be published in coming weeks.