We seem to have a readership consisting mainly of realists. When we asked last week if mining companies should be forced to maintain employment levels during cyclical downturns, 63% of you said no.
Retired geologist and director of Strongbow Exploration, Bill Wolfe, put it best: “Failure to cut jobs at non-profitable mining operations is simply stealing money from shareholders and redistributing the money to workers. If I want to donate to charity, I’d prefer to do it on my own terms.”
This week’s Hot Topic continues the theme. Do you think there would have been so many job cuts in Sudbury if Falconbridge’s assets had remained under Canadian control, rather than that of a foreign owner?
Please go to www.CanadianMiningJournal.com to weigh in with your opinion.