ASSESSMENTS

Canada, Chile: Unions, Strikes and Commodity Prices

Feb 1, 2007 | 04:00 GMT

Summary

Setbacks for two major mining operations in Chile and Canada in negotiations with unions on Jan. 29-31 highlight the growing influence of mining unions as global commodity prices have continued to rise with demand. This rise has put unions in a comfortable negotiating position, meaning the Chilean and Canadian examples will not be the only instances of unions taking advantage of the bullish commodities outlook this year.

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