Republic of Mining

Thompson, Manitoba Vale Steelworkers ratify three-year agreement – by Ian Graham (Thompson Citizen – September 16, 2011)

September 16, 2011

The Thompson Citizen, which was established in June 1960, covers the City of Thompson and Nickel Belt Region of Northern Manitoba. The city has a population of about 13,500 residents while the regional population is more than 40,000. ian@thompsoncitizen.net

USW Local 6166 members voted 87.8 per cent in favour of accepting an offer of settlement from Vale’s Manitoba Operations for a new three-year collective bargaining agreement Sept. 15.

“We are very pleased to have ratified a new agreement that is fair to employees and promotes our sustainability in Thompson,” said Lovro Paulic, general manager of Vale’s Manitoba Operations in a press release the night of the ratification vote. “We are proud of our positive working relationship with the union and its members. This is a good day for Thompson.”

The offer was presented Sept. 12 to the USW negotiating team, which unanimously recommended it upon presenting it to union members later that day.

“This is a positive outcome that was made possible by respecting the process,” said Murray Nychyporuk, USW Local 6166 president, in the Vale press release. “We are glad that there was such strong turnout by our members.”

BNN Reporter Andrew Bell Interviews Tito Martins, Executive Director for Base Metals, Vale and CEO, Vale Canada – (September 16, 2011)

September 16, 2011

Toronto-based Business News Network (BNN) is a Canadian cable television specialty channel owned by CTVglobalmedia. BNN airs business and financial programming and analysis. BNN reporter Andrew Bell hosts the Commodities program. From aluminum to zinc and everything in between, every Tuesday through Thursday, BNN highlights the hot world of commodities and the companies that produce …

Sudbury officials ponder Cleveland visit [Ring of Fire smelter] – by Harold Carmichael

September 26, 2011September 16, 2011

The Sudbury Star is the City of Greater Sudbury’s daily newspaper.

For the web’s largest database of articles on the Ring of Fire mining camp, please go to: Ontario’s Ring of Fire Mineral Discovery

The city may be sending a team to Cleveland, the home base of Cliffs Natural Resources, to present Greater Sudbury’s case for landing a smelter to process ore from the company’s chromite deposits in northwestern Ontario.

“There is something in the works,” Mayor Marianne Matichuk said when reached Thursday. “I can’t get into details. We don’t have everything firmed up.”

The Star has learned a team that includes Matichuk and chief administrative officer Doug Nadorozny could be heading to Cleveland as early as Wednesday to present a study about a former industrial site just north of Capreol. “I will be fighting for our community and giving Cliffs a good case for our community,” Matichuk said.

Executive Terry MacGibbon of OMA member Quadra FNX to lead major university fundraising drive

May 7, 2013September 15, 2011

This article was provided by the Ontario Mining Association (OMA), an organization that was established in 1920 to represent the mining industry of the province.

Terry MacGibbon, Chairman of Ontario Mining Association member Quadra FNX, has taken on the volunteer role as chairman of Laurentian University’s Next 50 campaign. This fundraising effort, to date, has reached $39 million of its goal of $50 million.

“I am honoured to accept this important position and to be a part of the development of a university that I believe is on the cusp of greatness,” said Mr. MacGibbon. “Laurentian’s bold plans for the future speak to its desire to set the pace for educational excellence in Canada and projects like the newly announced Laurentian School of Mines and the Laurentian School of Architecture will surely attract some of the country’s brightest, most ambitious young minds.”

Also a donation of $1 million made by Quadra FNX to Laurentian University is being designated to the Laurentian School of Mines. “Quadra FNX is excited to invest in an institution that is set in one of the world’s great mining camps and that will play a vital role in developing the qualified professionals needed to sustain and grow our industry,” said Paul Blythe, President and Chief Executive Officer of Quadra FNX. “Laurentian’s School of Mines will undoubtedly become one of Canada’s premier centres for mining education.”

Asian economy strengthens Vale’s bottomline – by Carol Mulligan (Sudbury Star – September 15, 2011)

September 15, 2011

The Sudbury Star is the City of Greater Sudbury’s daily newspaper. cmulligan@thesudburystar.com

Despite economic troubles in Europe and the United States, Vale Canada Ltd.’s chief executive officer isn’t worried about the company’s financial future. Troubles in the U.S. and abroad aren’t directly affecting the Brazil-based nickel producer, said Tito Martins in Sudbury on Wednesday.

The economy of Asia — and its demand for Vale’s product — is “still very strong,” Martins said after an event at which he presented the Sudbury Food Bank with a cheque for $500,000.

“In general, the market is doing very well and we don’t believe that we will see a major drop in the economy as we saw in 2008,” Martins told reporters. “We may see some difficulties in specific markets, but, in general, we are very optimistic about the future.”

Martins said his company is hiring people in Sudbury and in Newfoundland and Labrador, and that is a good sign.

“If I could produce more, I would love to produce more, actually,” he said.

Canadian cities need a lesson in academic potential – by Nick Rockel (Globe and Mail – September 14, 2011)

September 15, 2011

The Globe and Mail is Canada’s national newspaper with the second largest broadsheet circulation in the country. It has enormous influence on Canada’s political and business elite.

If you’re a student or a professor at the University of Waterloo, any intellectual property that you create there belongs to you. This unusual policy has helped make Ontario’s Waterloo Region a leading patent generator. It has also sparked local successes such as smart-phone giant Research In Motion Ltd. and software developer OpenText Inc., both university spinoffs.

“They basically have evolved from student days into incredible multinationals,” says John Jung, chief executive officer of Canada’s Technology Triangle Inc., the public-private economic development agency for the Waterloo Region.

Encompassing the cities of Cambridge, Kitchener and Waterloo, the region has long understood the value of close ties between business and academia. Its almost 60,000 full-time students – Waterloo’s two other key schools are Wilfrid Laurier University and polytechnic Conestoga College – are a vital source of talent for local companies.

Through the University of Waterloo’s decades-old co-op system, Canadian and international students apply their knowledge in the real world. The region’s three major postsecondary institutions have representatives on the Technology Triangle board, alongside business leaders.

Are Ontario political party pronouncements echoing OMA’s vision for the future of mining?

September 14, 2011

This article was provided by the Ontario Mining Association (OMA), an organization that was established in 1920 to represent the mining industry of the province.

As we move closer to October 6 election day in Ontario, it is encouraging to see mining being part of the platform of all major parties. Many of the topics and positions being presented by the Liberals, Progressive Conservatives and New Democrats seem to reflect the OMA’s plan for the future of mining in Ontario. Last week, the OMA presented each party’s’ views on mining, however, the issues continue to develop. The full text of the OMA’s vision for the future “Action Plan for Ontario: Taking Advantage of a Critical Window of Opportunity” can be found on the OMA website www.oma.on.ca.

The Liberal document “Plan for Northern Ontario” has a lot of mining content. The OMA’s paper calls for “balancing conservation and development targets” and the establishment of a target for new mines in Ontario to demonstrate a commitment to the future success of the industry. The Liberal platform says “at least six mines are reopening and four new mines are expected to open by the end of 2012 and we’ll open at least eight new mines in the next 10 years.”

The OMA would like to see an engaged Ontario government working with the federal government, industry and First Nations to cut approval and permitting time lines in half. While the Progressive Conservatives and NDP have supported permitting improvements, the Liberals have said “we’ll also work to ensure the federal government is at the table for Northern communities and First Nations in planning for smart development of the Ring of Fire.

NEWS RELEASE: Resource nationalism tops miners’ risk list for 2011: Ernst & Young

September 14, 2011

Mining and metals companies contend with supply constraints, volatility

(Vancouver, 13 September 2011) Resource nationalism tops the mining and metals risks list while supply capacity issues like skills shortage, capital allocation and infrastructure access continue to dominate the business agenda, according to Ernst & Young’s annual report Business risks facing mining and metals 2011–2012 .

“This year we’re seeing resource nationalism take the form of greater controls on foreign investment, mandated beneficiation, use-it-or-lose-it demands and authorized government participation,” says Tom Whelan, Leader of Ernst & Young’s national mining and metals practice. “What originally began as a way for mineral-rich countries to repair and replace lost revenue from the downturn has become a way for governments to manage the effects of a two-speed economy.”

In the past 12–18 months, approximately 25 countries have increased or announced intentions to increase their government take through taxes or royalties. South Africa’s new royalty regime, Ghana’s plans to double royalties and the Australian government’s proposed minerals resource rent tax are just a few examples of upcoming legislation that could impact investor decisions.

[Canada] Two faced on asbestos – by Lorne Gunter (National Post – September 14, 2011)

September 14, 2011

The National Post is Canada’s second largest national paper.

June was a very wet month in Edmonton. It rained nearly every day. Sometimes, it poured. And sometimes when it poured, it also blew – hard. Near the end of the month, rain fell for three days straight, while the wind gusted at times from 90 to 110 kilometres per hour.

The downspout from the upper roof of our home emptied onto the lower roof, from where the precipitation rippled across the shingles, disappeared into the eaves, down the pipe attached to the bricks next to the family room window and out onto the lawn.

In the middle of the night on the third straight day of rain, all the water and wind that had played on the roof over all the years succeeded in lifting the corner of one or two shingles. First a little rain, then a lot, snuck under the protective, overlapping asphalt tiles and leaked into our family room through the pot lights in the ceiling.

Around 5: 00 a.m., as the sun was rising on the upper side of the clouds, I was awakened by a dripping sound. Climbing down the stairs, I found some of the rain that should have been running out onto the lawn falling by drips and spoonfuls onto the rug in two places, as well as onto the middle of a large, overstuffed ottoman.

Investment needed to ensure returns on Quebec’s Plan Nord – by Bertrand Marotte (Globe and Mail – September 14, 2011)

September 14, 2011

The Globe and Mail is Canada’s national newspaper with the second largest broadsheet circulation in the country. It has enormous influence on Canada’s political and business elite.

MONTREAL— Companies stand to benefit from the anticipated mining boom in northern Quebec, but they need to start building the right infrastructure projects now to capitalize on the opportunity.

The Quebec government’s ambitious $80-billion, 25-year plan to open up the vast, remote northern region of the province requires that they play a much more hands-on role in the critical development of infrastructure.

“It’s important for mining companies to be pro-active in the decision-making process because there is a need for good preparation and for clear outline of public sector-private sector responsibilities such as who will be in charge of road maintenance over the long term,” said Daniel Roth, Ernst & Young’s head of the Montreal-based infrastructure advisory service.

Infrastructure access has become more of an issue for mining companies around the world in the past year, Ernst & Young says in its annual report on the business risks facing the mining and metals sector.

Rocks, trees … medical research? Thunder Bay aims to reinvent itself – by Gordon Pitts (Globe and Mail – September 13, 2011)

September 14, 2011

The Globe and Mail is Canada’s national newspaper with the second largest broadsheet circulation in the country. It has enormous influence on Canada’s political and business elite.

THUNDER BAY – Rory Carrillo grew up loving his native California for its heady brew of ideas and people, and the moderate weather that allowed him to train year-round as a triathlete. Yet three months ago, this son of Los Angeles washed up on the shores of Lake Superior – in the blue-collar Northern Ontario city of Thunder Bay.

“I wanted to go some place different,” said Mr. Carrillo, 28, and few places could be more different than Thunder Bay, a city with a ravaged forestry industry, a proud but underused port, and long cold winters.

Mr. Carrillo is the new face of Thunder Bay, as it strives to pull off a near-impossible task for a once resource-dominated economy – to reinvent itself as a place where brains rather than commodities are the building blocks.

He has what The Lakehead desperately wants – knowledge, specifically medical-technology knowledge. He has a masters in biomedical engineering, and five years experience with a big medical devices firm in San Francisco.