Conference Board forecasts nickel demand will lift all sectors of Sudbury’s economy – by Kate Rutherford (CBC News Sudbury – August 9, 2023)

https://www.cbc.ca/news/canada/sudbury/

An economist says Sudbury’s recovery is on the way but won’t reach pre-pandemic levels until 2026

Nickel prices and rising demand for the mineral will help Sudbury’s local economy ride out a slowing national economy and carry it to pre-pandemic prosperity by 2026. In its most recent report, the Conference Board of Canada says nickel prices jumped nearly 72 percent between 2020 and 2022 buoyed by the war in Ukraine and strengthening nickel demand.

Senior economist Rob Wiebe says it’s precisely that demand and heightened exploration for nickel to produce batteries for electric cars that will fuel investment across different sectors in the city.

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Magna Mining planning to reopen Crean Hill mine near Sudbury (CBC News Sudbury – August 8, 2023)

https://www.cbc.ca/news/canada/sudbury/

The former Crean Hill mine operated from 1900 to 2002 before being closed

A Sudbury, Ont. mining company is setting its sights on reviving the Crean Hill mine for further exploration. Magna Mining Inc. acquired the mine in 2022. It recently completed a preliminary economic assessment on the mine, and the results of the study indicated the potential for more mineral production.

“What has been shown by the drilling that was done prior to Magna is there’s still a lot of resources left in the ground, a lot of nickel, a lot of copper, a lot of precious metals,” said Jason Jessup, CEO of Magna Mining.

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Magna Mining sees 15-year mine life in reviving former Inco mine – by Staff (Northern Ontario Business – July 31, 2023)

https://www.northernontariobusiness.com/

Sudbury nickel junior miner posts preliminary economic assessment for pit and underground operation

Sudbury’s Magna Mining has tabled an economic and technical report to bring a former Inco nickel mine back into production. The exploration outfit and would-be mine developers released a preliminary economic assessment (PEA) showing strong mineable economics on its Crean Hill Project located in the southwest corner of the Sudbury Basin. A PEA is an initial report on what a mine operation could look like.

In the company’s evaluation of the property, Crean Hill has the potential for a 15 to 19-year mine life depending upon the mineral processing scenario they eventually choose, and bring it online at a “modest” cost.

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Massive deal with Saudis will help Vale fund nickel, other mining projects – by Darren MacDonald (CTV News Northern Ontairo – July 31, 2023)

https://northernontario.ctvnews.ca/

Vale Base Metals (VBM) Ltd. has signed deals worth $3.4 billion with two Saudi Arabian-owned entities as the company works to develop its base metals operations as a separate entity. The agreement will help Vale fund billions of capital projects in the base metals unit planned across its global holdings. The base metals unit is focused on increasing production of minerals needed for the conversion of the auto industry from gas-powered to electric vehicles.

“This strategic partnership will fast-track VBM’s expected US $25-$30 billion capital program over the next decade,” Vale said on its website in announcing the agreement.

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Vale Base Metals confirms partial sell-off to Saudis and the US – by Len Gillis (Sudbury.com – July 29, 2023)

https://www.sudbury.com/

Analysts say deal is part of a Vale strategy to grow value of its nickel and copper holdings ahead of electric vehicle demand .

Vale has confirmed it is selling off part of its newly formed Vale Base Metals unit in two separate agreements.

Ten per cent of the company going to Saudi Arabia’s Mining Co (Ma’aden) and the Saudi Public Investment Fund (PIF), and three per cent being sold to U.S. investment firm Engine No. 1. The entire deal is valued at $3.4 billion according to a report from Reuters.

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Nyabeze appointed MICA network director – by Staff (Northern Ontario Business – July 11, 2023)

https://www.sudbury.com/

Chamirai (Charles) Nyabeze is well-known for his role as vice-president of Business Development and Commercialization with the Centre of Excellence in Mining Innovation

Well-known Sudbury mining industry executive Chamirai (Charles) Nyabeze has been appointed as Network Director for the Mining Innovation Commercialization Accelerator Network (MICA).

Nyabeze’s new role was announced on June 22 and officially commenced on July 6, said a news release from MICA. The appointment comes with the full support of the Centre for Excellence in Mining Innovation (CEMI), where Chamirai has been a member for the past 11 years, the release continued.

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Highest of honours for Sudbury’s Leo Gerard – by Staff (Sudbury Star – June 30, 2023)

https://www.thesudburystar.com/

Governor General Mary Simon names union leader a Companion of the Order of Canada

Leo W. Gerard, the Sudbury miner who went on to lead the United Steelworkers union, has received this country’s highest civilian honour – Companion of the Order of Canada.

Governor General Mary Simon, who bestows the Order of Canada, said in a release that Gerard is being recognized “for his vast and influential work in labour advocacy, notably as the seventh International President of the United Steelworkers union.”

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Former Sudbury mining leader is back on board with Vale – by Len Gillis (Sudbury.com – July 7, 2023)

https://www.sudbury.com/

The appointment of Mark Cutifani as chair of the newly formed Energy Transition Metals Board with Vale Base Metals takes effect this month

A well-known former Sudbury mining executive is back in the news and is taking on a new role as chair of the newly formed Energy Transition Metals Board with Vale Base Metals, which calls itself one of the world’s largest producers of responsibly-sourced nickel, copper, cobalt and platinum group metals.

Mark Cutifani was previously chief operating officer (COO) at CVRD Inco, but he left Sudbury in 2007 to become chief executive officer (CEO) of AngloGold Ashanti, and then became CEO of mining giant Anglo American, one of the largest mining companies on the planet.

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Vale Sudbury opens door on its high-tech operations centre – by Len Gillis (Northern Ontario Business – June 22, 2023)

https://www.northernontariobusiness.com/

Hundreds of residents attend open house to see what the future holds for Sudbury’s largest mining company

Hundreds of Sudbury residents got a close-up look June 20 at how the largest mining and refining company in Sudbury is moving forward with new technology. The event was the annual Vale community open house, an event that had been cancelled for a couple of years because of the COVID-19 pandemic.

The venue was Vale’s North Atlantic operations headquarters building in Copper Cliff, also known as the former engineering building.

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Honouring Sudbury’s fallen miners: ‘It’s a big price to pay for a pound of nickel’ – by Harold Carmichael (Sudbury Star – June 20, 2023)

https://www.thesudburystar.com/

Health and safety in the mining industry in Greater Sudbury has come a long way over the past 95 years, so much, in fact, that where fatal mining accidents were once commonplace, they are now a rarity, according to a retired electrician at Falconbridge Limited.

“Since 1929, 100 men lost their lives,” Tom Rannelli said at the 39th-annual Workers’ Memorial Day service held at the Royal Canadian Legion branch in Falconbridge on Tuesday. “That’s approximately one a year. That’s just at Falconbridge.

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The Drift: Sudbury nickel, copper explorers making strides to turn projects into mines – by Ian Ross (Northern Ontario Business – June 9, 2023)

https://www.northernontariobusiness.com/

Magna Mining, SPC Nickel bring new ideas in finding new mineral zones around old mines

Two Sudbury junior miners are laying the groundwork for the next generation of nickel, copper and platinum group metal mines in the basin. Magna Mining is tapping the width and depth of a mineralized zone near the surface of its Crean Hill Project that could speed a former mine back into production.

The hometown junior miner sees open-ended potential in a footwall zone at the former Crean Hill Mine. The zone was originally discovered 15 years ago but never mined by a previous operator.

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Canada’s mining sector brainstorms lunar resource extraction (Equipment Journal – June 5, 2023)

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The unique skill sets of Canada’s mining industry may someday help propel space exploration beyond the Earth’s moon. Recently, the Sudbury, Ontario-based Centre for Excellence in Mining Innovation (CEMI) hosted a webinar to explain the opportunity and challenges in extracting resources on the moon.

“Mining and mineral resource exploration and taking advantage of resources on the moon is going to happen for sure in the very short term,” said Chamirai Nyabeze, Vice President of Business Development and Commercialization at CEMI.

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Vale is ‘supplier of choice’ for automobile battery-grade nickel – by Len Gillis (Sudbury.com – June 6, 2023)

https://www.sudbury.com/

Company needs to keep up with the battery electric vehicle demand by expanding nickel and base metal operations in Sudbury by spending billions of dollars

Alfredo Santana, Vale’s chief operating officer for the company’s North Atlantic operations, told the Sudbury BEV In Depth conference last week that as his company has now become the nickel supplier of choice for the electric vehicle battery market, there will be an economic pay off with expansion of mining operations in Sudbury.

Santana was one of several speakers on the roster during the two-day conference held at Sudbury’s Cambrian College from May 31 to June 1.

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Sudbury company applies for lithium processing plant permit – by Aya Dufour (CBC News Sudbury – June 1, 2023)

https://www.cbc.ca/news/canada/sudbury/

If the company obtains environmental approvals, construction could start in 2024

Lithium is one of the key ingredients of electric vehicle batteries, and while Ontario has promising deposits and manufacturing plants, it does not have any processing facilities for this mineral. But that could soon change.

Frontier Lithium, a Sudbury-based exploration company, has recently applied for permits to build a pilot lithium processing plant in the Township of Nairn and Hyman, west of Sudbury. Vice President of Operations Graeme Goodall says the proposed facility will be small-scale.

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Exclusive: Frontier Lithium planning demonstration lithium chemical plant near Sudbury – by Emma Jarratt (Electric Autonomy – May 31, 2023)

https://electricautonomy.ca/

Frontier says the proposed facility, located in Ontario’s Township of Nairn and Hyman, will showcase its lithium hydroxide and lithium carbonate processing capabilities, Electric Autonomy confirms

Ontario is on track to get its first lithium hydroxide facility courtesy of Frontier Lithium, Electric Autonomy can exclusively reveal, in the Township of Nairn and Hyman just 40 minutes west of Sudbury.

Public documents posted on Ontario’s Environmental Registry, confirmed by Frontier Lithium officials, detail how the Canadian mining company will operate the lithium processing facility.

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