Fred Stanford – Vale Inco – An Introduction

Fred Stanford is President, Ontario Operations at Vale Inco Stanford joined Vale Inco’s Industrial Engineering Department in 1981 upon graduation from the Technical University of Nova Scotia. In 1985, he moved into operating supervision roles in various mines, advancing to the position of Creighton Mine Superintendent in 1991.  In 1996, he moved to Clarabelle Mill as …

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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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