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UPDATE 2-Colombia’s coal railway says workers to return in hours

16 August 2012 By admin

* Colombian court ruled Fenoco strike illegal

* Drummond to lift force majeure in days

* Court postpones decision on La Jagua strike

By Jacqueline Cowhig and Jack Kimball

LONDON/BOGOTA, Aug 15 (Reuters) – Colombia’s main coal
railway, Fenoco, said on Wednesday that laborers would return to
work “in the coming hours” to begin restarting operations after
a three-week strike paralyzed more than half of coal exports
from the Andean nation.

The walkout at Fenoco, which moves coal to port for
Drummond, Goldman Sachs affiliates and Glencore’s
Prodeco unit, had caused limited force majeure on some
shipments from the world’s No. 4 coal exporter.

“In the coming hours, the company and its workers will
return to their places and work stations to restart each and
every one of the operations,” the company said in a statement.

The announcement came after more than 50 percent of workers
voted on Monday to lift the strike, and a Colombia court ruled
late on Tuesday that the walkout was illegal.

The company had said earlier that workers should return to
their jobs by Thursday.
  Continued…





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Filed Under: South Africa Tagged With: news, reuters, south africa

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About admin

The one with a "My Complex" - incurable but fun. Grumpy, Cynical, Wise and Idiotic. I can also be found HERE.

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