The Thompson Citizen, which was established in June 1960, covers the City of Thompson and Nickel Belt Region of Northern Manitoba. The city has a population of about 13,500 residents while the regional population is more than 40,000. news@thompsoncitizen.net
On Aug. 6, 2008, an editorial appeared in this space headlined “Thompson’s summer of pause,” which started off by saying, “This might well be known as the summer of the pause in Thompson.” While the editorial mainly looked at some big-ticket capital construction projects that were behind schedule, it was also in a general way a commentary on the very different feel that summer had to the frenetic go-go boom spring and summer of 2007.
Then in 2008 as now there was a mood of watchful anticipation, mixed with a measure of uncertainty in the air, as Vale, as it is now known, was within weeks of its collective agreement expiring with United Steelworkers Local 6166 in mid-September.
In 2007, nickel briefly sold on the London Metal Exchange (LME) that May for a record high of $25.51 per pound. And in November 2007, Vale announced the $750-million expansion of its mining, milling, smelting and refining operations here, aimed at boosting Thompson production by about 36 percent over the coming decade. The cost of the refinery modernization project over five years was estimated to be about $116 million.