Newton County aluminum plant to close; 146 to lose jobs
At least 146 employees of a Newton County aluminum extrusion plant will lose their jobs this summer when the facility is closed.
At least 146 employees of a Newton County aluminum extrusion plant will lose their jobs this summer when the facility is closed.
Statistics Canada reported Friday that of the jobs created in January 65% were in Alberta.
Gold futures eased Friday after better than expected US jobs data made further relaxation in Fed monetary policy, already very loose, less likely and money flowed into stocks.
Spot gold hit a high of $1,762.90 in early trade but failed to maintain traction ahead of key U.S. payrolls data later in the day.
Canada's mining sector contributed $36 billion to the national GDP in 2010, and employed 308,000 workers in mineral extraction, smelting, fabrication and manufacturing. An additional 3,215 companies supplied engineering, geotechnical, environmental, financial and other services to mining operations.
The news wires are abuzz with the announcement that Obama has caved into his party's environmental wing and killed the Keystone pipeline that would have carried Canadian oil to the refineries along the Gulf coast.
Atlas Iron chief executive David Flanagan says the Pilbara iron ore miner might need an extra 1,000 workers within three years to feed its expansion projects.
New analysis of upcoming resource and infrastructure projects in Western Australia indicates a desperate need for workers to fill job vacancies.
Global aluminum supplier Norsk Hydro yesterday announced plans to cut the capacity of its Australian New South Wales-based Kurri Kurri smelter by 33 percent citing low metal prices as the main reason for its decision.
US Labor Department figures released on Wednesday show the country's mining sector added more jobs in 2011 than at any other period since the early 1980s.