Archive | Stan Sudol Columns/Media References and Appearances

Interview with New PDAC President Jon G. Baird on Mining Challenges – Stan Sudol

Jon G. Baird - President of the Prospectors and Developers Association of CanadaThe Prospectors and Developers Association of Canada (PDAC) promotes the interests of the Canadian mineral exploration sector to ensure that there is an economically prosperous and competitive mining industry in Canada. A critical part of PDAC’s mandate is to encourage the highest standards of technical, environmental, safety and social practices of the industry both in Canada and internationally.

New Presidents for the Prospectors and Developers Association start their two-year mandates just following the organization’s convention held in Toronto, Canada in early March of each year.

Canadian-born President Jon G. Baird is an engineer who graduated in geophysics from the University of Toronto in 1964. He has a solid background in dealing with international business. Continue Reading →

Fraser Report – Global Rankings of Mining Jurisdictions – Stan Sudol

The conservative think-tank – the Fraser Institute – has released its annual Survey of Mining Companies, on the most attractive jurisdictions for mineral investment. This year’s top three are Quebec, Nevada and Finland.

The Policy Potential Index is a composite measurement of the effects of government mining policies on mineral exploration and development that include environmental regulations, taxation, infrastructure, political stability, uncertainty over native land claims, labour issues as well as geological attractiveness and the interpretation of existing regulations.

“Quebec has always been viewed in a good light by the mining industry, primarily due to its favourable geology,” said Fred McMahon, coordinator of the survey and the Institute’s Director of Trade and Globalization Studies.

“But Quebec’s government also provides a favourable policy environment to go along with strong mineral potential. Continue Reading →

The Annual PDAC Convention Begins on Sunday – Stan Sudol

The annual Prospectors and Developers Association of Canada (PDAC) convention starts this Sunday in Toronto, Canada. This year’s convention has shifted to the South Building of the Metro Toronto Convention Centre from the North Building to accommodate more exhibitors and a larger crowd. They are expecting to see close to 20,000 participants, a new record high like the price a many of the metals its members are searching for.

PDAC was first founded in 1932, early in the Great Depression in order to fight some new provincial government regulation that was detrimental for struggling prospectors. Copper was then selling at four cents a pound (US), nickel was about 35 cents per pound, and gold could be bought for $20.67 per ounce. How things change and how they stay the same. Continue Reading →

Dick DeStefano and the birth of SAMSSA – Stan Sudol (Part B)

Fuller Industrial PhotoSudbury Mining Supply and Service Industry is Enormous

More money is spent within a 500-kilometer radius of Sudbury on underground hard-rock mining supplies than anywhere else in Canada, the United States or Chile. In 2006, Inco alone spent over $400 million on local supplies and services. That figure will only grow with the announcement to bring the Totten Mine into production as well as the Creighton Deep and Copper Cliff Deep projects. Xstrata Nickel is building Nickel Rim South, while FNX Mining will be bringing the Podolsky mine into production in 2008, just to mention a few other initiatives.

One of the main aspects of SAMSSA is the global nature of the organization. During its first year, DeStefano made contacts with 125 embassies focusing on their trade commissioners and government agencies who might have been interested in partnerships or distributorships. Continue Reading →

Dick DeStefano and the Birth of SAMSSA – Stan Sudol (Part A)

SAMSSA Members in Antofagasta, Chile (2004); Dick DeStefano, SAMSSA; Andre Ruest, B&D Manufacturing; Norbert Hoffman, Novenco; Ivania Misetic, Chilean Economic Development AgencyWhile southern Ontario manufacturing and auto industries are under severe economic stress due to the high dollar, competition from China and a U.S. recession, Sudbury’s cluster of mining supply and service (MS&S) companies are growing, exporting their products and technical expertise around the world.

Due to their success and economic clout, the local mining suppliers formed an industry association in 2003 called the Sudbury Area Mining Supply Services Association (SAMSSA) that also has members from North Bay and Timmins. The three communities supply about 35% of mining supply and services in Canada – the second largest concentration in the country.

SAMSSA Executive Director Dick DeStefano says, “Unfortunately, the Sudbury cluster has not been recognized by the provincial government as an important manufacturing centre. In the last three years the local cluster, including North Bay and Timmins have been exporting their products around the world, significantly increasing their revenues and regional employment.” Continue Reading →

The Commodity Super-Cycle Will Benefit Sudbury for Years to Come – Stan Sudol

Stan Sudol - Executive Speech Writer and Mining ColumnistThere is no doubt that the impending recession in the U.S. is causing economic upheaval across Ontario which exports about 86% of its manufactured goods to our southern neighbour.

Over the next few years as the province copes with a high Canadian dollar, competition from China and high energy prices, many communities in Ontario may be faced with a declining standard of living unless we can find sustainable solutions.

However two recent reports confirm that the commodity super-cycle has a long life ensuring that Sudbury – the location of approximately half of the province’s mining production – will be an island of prosperity as the region’s mineral products, supply and service sector and mining expertise is in great demand around the world. Continue Reading →

PDAC – Mining Matters: Educating the Next Generation about the Mineral Industry – Stan Sudol

Laura Clinton - Project Coordinator - PDAC Mining MattersAccording to a comprehensive study by the Mining Industry Training and Adjustment Council (MITAC), the Canadian mining industry needs to fill 81,000 high-paying, highly skilled new positions in the next 10 years. 

Considering that the industry has a terrible image problem among urban populations and a rapidly aging workforce, the issue of attracting the next generation of mine workers has become a significant problem or even a crisis to some.

One small solution is Mining Matters, the educational outreach initiative run by the Prospectors and Developers Association of Canada (PDAC). Continue Reading →

Ontario’s Mining Sins of the Father are being Repeated by the Son – Stan Sudol

Stan Sudol - Executive Speech Writer and Mining ColumnistIn last November’s Ontario Speech from the Throne, the Liberals highlighted their commitment, “to improve the quality of life and expand economic opportunities for all Aboriginal peoples in our province, both on- and off-reserve.”

A majority of people in Ontario desperately hope these words are not empty rhetoric however this Government’s current mineral policies seem to indicate that the “mining sins of the father are being repeated by the sons.”

In 1950, my Polish immigrant parents moved to Sudbury due to the many jobs in the nickel mines. At that time, Northern Ontario was experiencing an enormous resource boom, supplying the metals and forest products desperately needed by North American and European economies that were rebuilding after the Second World War. Continue Reading →

Michael Barnes – The Godfather of Northern Ontario History-Stan Sudol

Michael BarnesFor someone who has been retired since 1989, Michael Barnes has no intention of slowing down.

The author of 50 books and counting, most about Northern Ontario, Barnes has had a long and varied career that included a bus conductor, a bush cook in Ramsey, and a beer thrower in Wawa.

He has also been a CBC freelance broadcaster and newspaper columnist, both for a time in Sudbury. But his “real job” was a public school teacher and principal working in locations across the north and finally ending up in Kirkland Lake. Continue Reading →

FNX Mining – Sudbury Basin Success (Part Two) – Stan Sudol

Underground at McCreedy West - FNX Photo“We had the pick of the geologists’ crop in the depressed mining sector of 2002 and subsequently built one of the country’s biggest, youngest and most innovative exploration teams,” continues MacGibbon. “And with all that historical data, our fantastic computer- literate staff played a key role in helping us decide where to drill.”

Right from the beginning, this junior’s exploration mindset was on steroids. From 2002 to 2007 FNX will have spent more than $100 million on exploring its properties in the Sudbury Basin. Continue Reading →

FNX Mining- Sudbury Basin Success (Part One) – Stan Sudol

Terry MacGibbon, Executive Chair, FNX Mining Company Ltd. - FNX Photo“Our company has a strategic position in the trillion-dollar Sudbury Basin which by far, is the richest mining district in North America,” observes Terry MacGibbon, executive chair of FNX Mining Company Inc. “With China’s and eventually India’s voracious hunger for metals, expected to last for decades, the long-term growth and future of our company on solid ground.”

MacGibbon’s dedication to the region is proudly on display in the front lobby of the company’s University Ave. head office – adjacent to Toronto’s high-rise financial core where many of the country’s top mining analysts and investors work – with a bold eight-by-four sculpted wall hanging in the shape of the famous Sudbury Basin.

“Most Canadians don’t realize the Sudbury Basin is a global ‘metallic super power’ and that there are many incredibly rich mineral deposits still to be discovered here. This 120 year old mining camp will be producing nickel, copper and platinum for at least another century if not more,” he said.

With two operating mines on the north range of the Sudbury Basin, another mine ready for production in 2008 and two other promising deposits in the district, many have overlooked the phenomenal growth of FNX Mining.

Continue Reading →

Another Rumble in the Nickel Jungle? -Stan Sudol

Stan Sudol - Executive Speech Writer and Mining ColumnistWith such turmoil on global stock exchanges, one might wonder if Xstrata CEO Mick Davis and Vale CEO Roger Agnelli are trying to perform their proposed merger/takeover – difficult enough at the best of times – on the deck of a financial Titanic.

On Monday, many stock exchanges around the world witnessed the worst single day decline since the terrorist attacks of September 11, 2001. The TSX saw $90 billion evaporate while European exchanges wiped out $300 billion. In total, trillions of dollars in investment value were lost. The U.S. exchanges were closed for a holiday.

The “American contagion” as many are calling this stock market slaughter – due to the U.S. subprime mortgage fiasco and collapsing property values – continued Tuesday morning around the world including American exchanges. Continue Reading →

Memories from the University of Inco-Stan Sudol

Stan SudolI am an Inco brat. I was born and raised in the shadows of those tall industrial smokestacks that tower over the city of Sudbury, Canada. In the days when I turned 18 in the late 1970s, if you didn’t go to university, then it was almost a rite of passage to work for “Mother Inco,” as it was affectionately (or derisively) known.

For most students today, the prospects of a good-paying summer job to help finance post-secondary education has become an elusive dream. Skyrocketing tuition fees combined with minimum-wage work equals enormous debt at graduation. Continue Reading →

Profile of Chief Blogger Stan Sudol

Stan Sudol is a self-described “Inco Brat.” He was born in Sudbury, Canada, the richest mining district in North America and among the top ten most significant globally. Sudol grew up in Sudbury during the 1960s and 1970s, where his father and most of his neighbours worked for Inco Limited (now Vale Inco).

Sudol worked for Inco’s Clarabell Mill for one year during 1976/77 and underground at the the company’s Frood-Stobie mine in the summer of 1980. The hard-rock mining culture of the Sudbury Basin has left a tremendously positive impact on him.

Based in Toronto, Canada, Sudol works as a communications consultant, executive speech writer and policy analyst. He has been writing a mining column for the past four years that currently appears in Sudbury’s Northern Life newspaper. Articles and columns have been published in the Toronto Star, Globe and Mail, National Post and regional papers and magazines.

Sudol has been interviewed on CBC Radio, CHML, Radio-Canada and the natural resources television station IDNR-TV. His columns have also been posted on Australian and British websites.

Why Do We Need a Mining Blog-Stan Sudol

The mining sector is a strategically vital industry, integral for the modern, prosperous lifestyles we are accustomed to in the West and for the hundreds of millions in China, India and other developing countries struggling to raise their standard of living.

Yet I still get the impression that many in the mainstream media, political circles and the general public view mining as a low-tech and polluting industry that is not welcomed in many regions.

I write a column on the mining sector examining corporate and government policies and challenges and have been continually surprised at the amount of misinformation about the industry, especially in newspapers and on television. Continue Reading →