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.

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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.

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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.

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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.

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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.

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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.

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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 …

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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.

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