THOMPSON — As one door closes, will another open? That’s the fundamental question facing this hearty northern mining city.
Nickel giant Vale’s announcement that it will shut down its smelter and refinery at the end of 2014 (later revised to the end of 2015) raised grim speculation about Thompson’s future. But overlooked is the fact that while those surface operations are nearly tapped out, Vale is concentrating on its subterranean prospects.
“Our recent exploration activities have focused on increasing the confidence of near-infrastructure reserves and resources with the goal of maintaining current production levels from our existing mines,” says Ryan Land, the personable manager of corporate affairs for Vale’s Thompson operations. “This strategy will continue in the near term, and will be re-evaluated on an ongoing basis in response to nickel market conditions.”
Not only does Vale still run three Thompson-area mines — T-1, T-3 and Birchtree — there remains the irresistible promise of a fourth, known as 1-D, a $1- billion-plus mega-development.