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Peru mining strike support collapsing

LIMA: Support was collapsing for Peru’s nationwide mining strike on Friday as employees at several big mines returned to work, against the wishes of labor federation leaders who vowed the walkout would continue. At a time when metals prices are sky-high, Peru’s miners want the national Congress to pass a bill that would lift caps on profit-sharing. They also want a shorter work day and improved retirement rules. The protests are the latest sign of calls on President Alan Garcia to spread the wealth from the country’s six-year economic boom or risk losing support of labor and the poor for his free-market policies at a time when leftist parties are positioning for elections in 2011. So far, the nationwide strike has hit some key mines but affected production at only a few, as a number of companies used temporary workers.... [read full story]                    

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