Canadian labour legend Leo Gerard on the past, present and future of unions – Interview by Michael Enright (CBC Radio – Sunday Edition – November 22, 2019)

https://www.cbc.ca/radio/thesundayedition/

Leo Gerard was 11 years old when he handed out his first union leaflets. That was in 1958, and he was living in Sudbury, a mining town. The leaflets were for the Mine Mill, the union his father belonged to.

What Gerard didn’t know then was that he would spend much of the rest of his life as a labour leader and activist. He began as a staff representative at the United Steelworkers (the USW) and moved quickly through the ranks. This summer, he retired as international president of the USW, a position he held for 18 years.

Gerard spoke to The Sunday Edition’s Michael Enright about his life in the labour movement and the future of unions in an age of globalized trade, a collapsing manufacturing sector and precarious employment.

Read more

Positive spotlight shone on Thompson at Winnipeg mineral convention, says councillor (Thompson Citizen – November 27, 2019)

https://www.thompsoncitizen.net/

News that Vale Manitoba Operations could possibly spend $1 billion over five years to deepen Thompson mines in anticipation of a growing demand for nickel as a component of batteries for electric vehicles made Thompson the talk of November’s mineral exploration conference in Winnipeg.

Gary Eyres, head of Manitoba Operations, told attendees at the Central Canada Mineral Exploration Convention about the proposed investment, first revealed to members of the Thompson Chamber of Commerce at their Nov. 13 lunch meeting.

“Once we get approved – and I really am confident we will get this approval – we are looking at nearly $8 billion in economic benefit to the region over the next 25 years,” Eyres was reported as saying in the Winnipeg Free Press. Coun. Judy Kolada, who attended the convention, told her fellow councillors at the conclusion of their Nov. 25 meeting that Thompson was in the spotlight at the convention.

Read more

Editorial: Thompson mining’s future looking brighter, but when? (Thompson Citizen – November 27, 2019)

https://www.thompsoncitizen.net/

Although it wasn’t really that long ago that the mining industry was booming in Thompson – if you’ve lived here longer than 10 years, you experienced at least part of it – it might feel like it’s mostly been gloom and doom for a long time because, for the most part, it has.

The 2008 global recession, which was a bit delayed in arriving in Thompson, although eventually it did, was only first starting to be felt when Vale announced nine years ago this month that it had plans to shut down the smelter and refinery in Thompson for good.

At the time that it was first announced, the proposed shutdown date was 2015, though that was later pushed back three years, with operations ceasing about midway through 2018. A bit more than a year before that, Birchtree Mine was placed on care and maintenance status, resulting in the loss of more than 100 jobs.

Read more

Sudbury: Construction underway on infrastructure for Vale’s $750M Copper Cliff mine expansion – by Erik White (CBC News Sudbury – November 19, 2019)

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

New expanded Copper Cliff mine expected to open in 2021

Construction is underway in Copper Cliff on a set of massive ventilation fans to supply fresh and warm air to miners below. It’s part of Vale’s $750 million refurbishing of the existing Copper Cliff north and south mines.

Danica Pagnutti, the mining company’s senior advisor on corporate and Indigenous affairs, says workers will be tackling new ore bodies beneath Copper Cliff beginning in 2021.

“This is really about the future of our operations here in Sudbury. It represents a major expansion and new sources of ore for our operations, so this is a very important project for us,” she says. “We’re going to need 200 miners and 200 tradespeople and a whole host of supporting roles. It’s a great time at Vale and we are hiring.”

Read more

Vale returns looking for low-cost debt after Brumadinho tragedy – by Aaron Weinman (Reuters U.S. – November 21, 2019)

https://www.reuters.com/

NEW YORK, Nov 21 (LPC) – The insatiable appetite to lend to Latin America’s blue-chip corporations may allow Brazilian miner Vale SA to return to the loan market and borrow US$3bn to refinance debt at ultra-low rates, only 10 months after a dam disaster that left the country reeling.

In January, following the collapse of a tailings dam at an iron ore mine in the Brumadinho region, Vale pulled back on original plans to refinance debt. Ten months and a public relations debacle later, a surfeit of lenders, including relationship banks with established ties to the miner and new lenders looking to forge a bond with one of Latin America’s most frequent borrowers, are expected to flock to the transaction.

A dearth of opportunities to lend to high-quality Latin American corporations has left banks with little option but to aggressively compete for business, giving borrowers cheap access to capital, and clout to dictate lending terms that allow for cost savings and flexibility.

Read more

Proposed standards for mining waste dams draw concerns from industry trade group – by Ernest Scheyder (Reuters U.S. – November 18, 2019)

https://www.reuters.com/

VANCOUVER (Reuters) – The world’s largest mining trade group said on Monday it has concerns with global standards for mining waste dams being crafted by an independent panel of academics and engineers, especially how the new rules will apply equally to new and existing facilities.

The public lobbying of an ostensibly neutral process is likely to rankle environmentalists, indigenous groups and others who have long demanded miners do more to bolster safety at tailings dams, which are used to store the muddy detritus of the mining process and can be dozens of meters high.

Public trust in the industry has plunged since a Brazil tailings dam owned by Vale SA collapsed last January, killing hundreds.

Read more

Public consultation launched on global tailings dam standards – by Barbara Lewis (Reuters U.S. – November 15, 2019)

https://www.reuters.com/

LONDON (Reuters) – A six-week public consultation launched on Friday will help set global standards to improve mining safety, aiming to prevent any repeat of the Vale tailings dam disaster in Brazil that killed 300 people in January.

Tailings dams are the most common waste disposal methods for mining companies, whether they’re extracting iron ore, gold or copper. They can tower dozens of meters high and stretch for several kilometers.

The International Council on Mining and Metals (ICMM) said in March it was working on new safety standards with the U.N. Environment Programme (UNEP) and ethical investors’ body the Principles for Responsible Investment (PRI) following the collapse of Vale’s dam at Brumadinho.

Read more

Vale Manitoba operations to make case for $1-billion investment in Thompson mine (CBC News Manitoba – November 16, 2019)

https://www.cbc.ca/

It’s believed investment could expand mine’s lifespan by 25 to 30 years

The operators of the Vale nickel mine in Thompson, Man., are hoping a $1-billion investment could extend the mine’s life span by 25 to 30 years. Gary Eyres, head of Vale’s Manitoba operations, said the mine’s team has been stepping up its exploration efforts, including aerial and magnetic surveys, and believes there are large enough ore deposits to warrant the investment.

Eyres says he’s confident that somewhere along the Thompson nickel belt is the equivalent of another mine “just waiting to be found.” They want to be able to present their case for it in the next six to 12 months to the company’s owners in Brazil, Eyres said

“Everything that I’m doing at the moment and our teams here in Thompson are doing at the moment, is we’re focusing only on when this happens, rather than if it happens,” he said.

Read more

Vale Manitoba Operations head believes there is an ore body equivalent to a new mine near Thompson – by Ian Graham (Thompson Citizen – November 13, 2019)

https://www.thompsoncitizen.net/

A proposed $1 billion investment in Vale’s Thompson mines in the next five years could generate nearly $8 billion in economic activity over the next 45 years, the company’s head of Manitoba Operations told the Thompson Chamber of Commerce Nov. 13.

“What we’re looking at is exploring our ore bodies,” said Gary Eyres, estimating that the proposed investment would be equivalent to opening a new mine in Thompson and saying that it is possible another mine shaft could be excavated down to as far as 6,300 feet. Right now, mining areas extend down to 4,800 feet below the surface. “We haven’t found the end of the ore body yet. Somewhere close by, I believe, is the next Thompson mine.”

If the investment goes ahead, it would result in $7.9 billion worth of economic activity between now and 2065, $7.4 billion more than putting the mines on care and maintenance until 2043 would create. It’s also $5.4 billion more economic activity than would be generated by simply mining out the current areas of T1 and T3 by 2043.

Read more

Brazil’s Vale outlook cut implies at least 14.7% sales drop in 2019 – by Roberto Samora (Reuters U.S. – November 11, 2019)

https://www.reuters.com/

SAO PAULO (Reuters) – Brazilian iron ore miner Vale (VALE3.SA) on Monday said it now expects sales of iron ore and pellets of between 307 million and 312 million tonnes in 2019, implying at least a 14.7% decline from a year earlier as it grapples with the aftermath of a deadly dam burst.

Vale has been compelled to halt production at various mines as it shuts down tailings dams that share the “upstream” structure that collapsed in Brumadinho in January, killing more than 250 people.

The miner had initially forecast 2019 sales at the midpoint of a range of 307 million to 332 million tonnes, before saying in October that it expected them to come between the lower end and the midpoint of the range.

Read more

Brazil regulator says Vale ‘negligence’ may have cost lives – by Jake Spring and Christian Plumb (Reuters U.S. – November 5, 2019)

https://www.reuters.com/

BRASILIA/SAO PAULO (Reuters) – Brazil’s mining regulator on Tuesday blasted iron ore miner Vale SA for failing to disclose problems with a mining dam before a deadly collapse in January, saying this kept the agency from taking actions that could have saved lives.

The dam in Brumadinho collapsed and flooded a nearby company cafeteria and the surrounding countryside with mining waste, killing more than 250 people. It was Vale’s second deadly dam collapse in less than four years.

The regulator’s report on its probe into the disaster is the latest blow to the reputation of Vale, which is under criminal investigation over accusations that top executives ignored warning signs about the dam.

Read more

Investors fear looming safety risks of mining waste dams – by Barbara Lewis (Reuters U.S. – October 31, 2019)

https://www.reuters.com/

LONDON (Reuters) – A global inquiry into how mining companies store billions of tonnes of waste in huge dams, launched after a collapse in Brazil killed hundreds, shows about a tenth of the structures have had stability issues, investors said on Thursday.

The research was led by the Church of England (CoE) and fund managers after the collapse of a Vale (VALE3.SA) dam in January unleashed an avalanche of mining waste on the Brazilian town of Brumadinho, killing an estimated 300 people.

A waste, or tailings dam, is the most common waste disposal method for mining companies, whether they’re extracting iron ore, gold or copper. They are among the largest man-made structures on earth, with some towering dozens of meters high and stretching for several kilometers.

Read more

Brazil’s Vale earnings miss expectations, cites dam shutdown progress – by Christian Plumb and Roberto Samora (Reuters U.S. – October 24, 2019)

https://www.reuters.com/

SAO PAULO (Reuters) – Brazilian miner Vale (VALE3.SA) on Thursday reported a weaker-than-forecast 15% gain in quarterly earnings as the iron ore exporter tries to overhaul its operations to avoid a recurrence of the dam burst that killed more than 250 people in January.

Vale’s net profit rose to $1.654 billion from $1.408 billion in the year-ago period, missing the $2.72 billion mean of analysts polled by Refinitiv, as an increase in iron ore prices was partially offset by a slump in production following the incident.

Vale, which is still wrestling with the aftermath of the deadly dam collapse near the town of Brumadinho, said it was making progress with its effort to decommission, or shut down, other such dams as Chief Executive Eduardo Bartolomeo reiterated the company’s “commitment to safety.”

Read more

INCO trailblazer and champion of women’s rights tells her story in new memoir – by Colleen Romaniuk (Northern Ontario Business – October 17, 2019)

https://www.northernontariobusiness.com/

Cathy Mulroy has always understood that well-behaved women seldom make history. In 1974, after becoming one of the first women hired in a non-traditional role at INCO since the Second World War, the Sudbury native, who stood at 5 feet 1 inch and weighed 105 pounds, was quickly labelled a troublemaker.

As a 19-year-old mother stuck in a toxic marriage, Mulroy signed up to work in the copper refinery in the anode department casting molten metal copper with the hope of earning enough to become financially independent.

She was often found guilty for the crime of sticking up for herself, and in Mulroy’s own words, she “never put up with crap.” Years later, after Mulroy retired, she decided to write a book about her experience using all the material she accumulated over the years. Mulroy documented everything, writing on cigarette packs, paper towels, and in diaries, collecting newspaper clippings, and more.

Read more

The world beats a path to Sudbury: International delegations dig the Nickel City for its mining expertise and regreening story – by Len Gillis (Northern Ontario Business – October 16, 2019)

https://www.northernontariobusiness.com/

The City of Greater Sudbury has rolled out the red carpet no less than 10 times this year for international trade delegations coming to see the city’s expertise in mining and hear the story of the environmental remediation of its once-devastated landscape.

The payoff has been low-key but still very significant, according to organizers who have worked to entice these groups by teaming up with government, the mining and supply companies, and post-secondary educators.

“The key word is ‘partnerships’ because these are happening from many different partners from all levels of government,” said Scott Rennie, a business development officer with the city, who is also the project manager for Northern Ontario Exports.

Read more