Thyssen Mining has long history of setting up joint ventures with First Nations, a key to get the Ring of Fire started
Back in October 2017, one of the world’s oldest mining companies set up an in Sudbury. Thyssen Mining’s goal was simple: The company needed a base of operations and with development of the Ring of Fire chromite deposit imminent, they wanted that base to be in a mining hub.
Greater Sudbury seemed the natural choice. “There’s a lot more action going on (at the Ring of Fire) than most people think,” said Tom Reid, who leads Thyssen’s local office. “We have been having meetings — I can’t get into details — but things are moving much better there than people think.
I’m optimistic that a mine will go into construction there no later than 2020. It is still a lot slower than what everybody wants. However, some people thought it was never going to go.”
“That’s part of the reason for setting up the office here and building a local relationship here, because this will be the base of operations for eastern Canada well in advance of anything,” said Reg Ryan, Thyssen business development officer.
The company chose Sudbury because it’s the largest mining centre in this part of Canada, while still in an urban setting.
“And similar to the offices we’ve set up in the United States, we seen more that owners are asking for one-stop shopping with their mining contractors,” Ryan said. “In Sudbury, there are no training issues and there are so many experienced miners.”