06/01/2009

Tara Miners Face Cuts Or Redundancy

Up to 700 workers at the Tara Mines in Co Meath have found themselves on protective notice following a cost-cutting drive.

Workers at the mines could be facing redundancy if they fail to accept a deal that is proposing to reduce productivity related earnings and revise shift patterns.

The workers union Siptu is holding an information meeting for members at Tara Mines in the Ardboyne Hotel, Navan, at 6.30pm today.

The union's National Industrial Secretary Gerry McCormack however has disagreed with the company's decision to impose reductions. He said: "We have proposed an alternative plan which we believe could have achieved the outcome the company was seeking.

“The company’s decision to seek cost savings was based on the reduced price of zinc and the deterioration in the exchange rate between the euro and the dollar towards the end of last year."

Boliden AB the Swedish company that owns Tara blamed the drop in the price of metals along with the weakening dollar as the cause of the company’s problems.

Mr McCormack refused to accept the company's reasoning adding: "Since the discussions took place the price of zinc has improved, as has the exchange rate. We will be seeking clarification from the company about why it still needs the changes, given the improved trading environment."

Management at the company said workers have until January 19th to accept a deal or face redundancy.

(DW/KMcA)


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