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Inco shares soar as strike drives nickel higher

WHO needs workers? That might be the comment from Inco as its shares rocket to a 52-week high and profits look set to soar thanks to the booming nickel price and lower workforce costs because of the strike at its Sudbury works in Ontario.

Tim Treadgold
Inco shares soar as strike drives nickel higher

Inco's share price hit C$35.89 on the Toronto Stock Exchange mid-week, up 25% since 3300 of its workers walked off the job on June 1. Shareholders might even be tempted to ask management to prolong the...

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