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Courtesy photo
Resolution Copper announced that it would start laying off hundreds of employees at its Superior site as a result of the stalled legislation that would pave the way for a land exchange. Opponents argue this is just scare tactics. |
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San Carlos —“Resolution Copper Mine, LLC is engaging in the same old scare tactics to pressure the U.S. Senate to act on bad legislation,” announced Terry Rambler, Chairman, San Carlos Apache Tribe in response to the company’s statement on Nov. 30 that it would lay off approximately 400 employees. Resolution Copper cited the stalled legislation before Congress to approve the land swap it is seeking and a decline in the global markets as reasons for its decision. That same day Resolution Copper’s parent company, Rio Tinto, announced it was cutting costs by $7 billion in its global operations over the next two years.
For the complete article see the 12-12-2012 issue.
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