G7 climate stance targets energy sector – by Mike Blanchfield (Canadian Press/Global News – June 8, 2015)

http://globalnews.ca/

SCHLOSS ELMAU, Germany – Canada’s energy sector will have to transform itself to lower greenhouse gas emissions in the long term, Prime Minister Stephen Harper said Monday.

He was commenting at the end of the G7 leaders’ summit which called on its members to put their energy sectors on a low-carbon footing by 2050, a move with serious implications for Canada’s greenhouse-gas-emitting oilsands.

German Chancellor Angela Merkel fell short of her goal of pushing her fellow leaders to a broad, iron-clad commitment to a low-carbon economy by 2050. Instead, the G7 agreed to a full-blown no-carbon economy, but not until 2100.

“We commit to doing our part to achieve a low-carbon global economy in the long-term, including developing and deploying innovative technologies striving for a transformation of the energy sectors by 2050 and invite all countries to join us in this endeavour,” the leaders said in their final communique.

“To this end we also commit to develop long-term, national low-carbon strategies.”

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UPDATE 2-S.African mining union threatens strike over extension of wage deal – by Tiisetso Motsoeneng (Reuters U.S. – June 7, 2015)

http://www.reuters.com/

CARLETONVILLE, South Africa, June 7 (Reuters) – South Africa’s Association of Mineworkers and Construction Union (AMCU) will launch a wildcat strike if its rival union and gold mining companies impose a wage deal on its members, its president said on Sunday.

“If NUM (National Union of Mineworkers) and Chamber of Mines want to extend their deal to us, we will sit down, whether it’s legal or not. We will strike,” Joseph Mathunjwa said to cheers from thousands of workers gathered at a stadium in Carletonville, 80 km (50 miles) west of Johannesburg.

Under South African labour laws, wage deals between the majority union and employers can be extended to smaller unions.

The hardline AMCU union is demanding a more than doubling of wages from gold companies AngloGold Ashanti, Sibanye Gold, Harmony Gold and Pan African Resource’s Evander Mines.

About 10,000 AMCU members wearing trademark green t-shirts, waving the union’s flags and carrying placards with slogans such as “A Living Wage For All” streamed into the stadium outside Sibanye Gold’s Driefontein mine.

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Mining downturn opens door for ‘neglected’ Pilbara tourism industry – by Alexia Attwood (ABC North West WA – June 8, 2015)

http://www.abc.net.au/news/

The downturn in the Pilbara’s all dominating iron ore industry has opened a window of opportunity for the region’s tourism potential.

For half a century the Pilbara’s spectacular desert ranges and rugged coastline have been overshadowed by the multi-billion-dollar iron ore industry.

But the drop in iron ore price has prompted business and industry leaders to look for ways of diversifying the Pilbara’s economy to make it less reliant on the mining sector, and the formerly neglected tourism industry has been touted as the way forward.

“For our part of the Pilbara, tourism has been neglected for the last decade,” Bazz Harris from the Karratha Visitor Centre said. But the iron ore downturn has already had a positive impact on the affordability of holidaying in the Pilbara, Mr Harris said.

“The good thing is when people call us and say, ‘Hey, can I actually come to Karratha or is it going to cost me an arm and a leg?’, we can actually get people one night’s accommodation for 110 bucks, which is very normal,” he said.

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Workers at Madagascar Ambatovy nickel mine consider strike over jobs – by Lovasoa Rabary (Reuters U.S. – June 8, 2015)

http://www.reuters.com/

ANTANANARIVO – Workers at Sherritt International Corp’s Ambatovy nickel project in Madagascar are considering strike action over possible job cuts, a trade union official said on Monday.

The crisis at one of Madagascar’s biggest foreign investment projects comes as the poor but mineral-rich Indian Ocean state faces a political crisis after its parliament moved to sack President Hery Rajaonarimampianina late last month.

Rajaonarimampianina’s peaceful election victory in late 2013, the first vote since a 2009 military coup, was seen as a chance for stability after years of post-coup isolation.

“We could go up on strike, but we have to be careful before deciding to move in this direction,” said Richard Rakotovao, the head of union’s legal department, saying workers were concerned about a wave of job cuts.

But he added: “We fear that Ambatovy could decide to leave Madagascar, saying that there have been too many strikes here.” Representatives at Ambatovy and Sherritt, which is headquartered in Toronto and holds a 40 percent interest in the Ambatovy venture, had no immediate comment.

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The uncomfortable choice with solar power and raw material sourcing – by Chris Berry (PV-Tech.com – June 8, 2015)

http://www.pv-tech.org/

Chris is a well-known writer, speaker, and analyst. He is the co-author of The Disruptive Discoveries Journal (www.discoveryinvesting.com) and focuses much of his time on energy metals – those metals or minerals used in the generation or storage of energy.

Despite the hope and promise that solar power holds out as a cleaner source of long-term electricity generation, it is not without its problems. As the price of solar power continues to fall based on increased scale of production and innovation, these advances are underpinned by something often overlooked – a reliable source of raw materials.

When you’re using your computer or phone, do you ever stop and think about the source of the minerals and materials which provide the technology we often take for granted? So it is with solar power.

Every day we open the newspaper and read an article about another consumer or business adopting solar technology based on increasingly competitive economics. But how are these economics achieved? This is an often overlooked question and has recently become more important.

In recent years, China, the “workshop of the world”, has offered low labour costs (though this is changing) and raw materials for high-value products have been sourced from Asia and Africa, in particular – areas with relatively lax environmental standards.

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Goldman Says Iron Rally on Borrowed Time as China Buys Less -by Jasmine Ng (Bloomberg News – June 7, 2015)

http://www.bloomberg.com/

Iron ore imports by China contracted in May from April and the same month a year earlier, highlighting weakening demand in the largest buyer as Goldman Sachs Group Inc. repeated a forecast for a rally in prices to reverse.

Cargoes fell 12 percent from April to 70.87 million metric tons, and were 8.4 percent lower than a year earlier, according to customs data on Monday. That’s the lowest monthly total since February. Adjusted for the number of days in the month, the imports in May were at the slowest pace since November.

While prices posted the biggest monthly advance in almost two years in May as China’s port stockpiles fell by a record, Goldman Sachs is among banks predicting that the rally won’t last as global supplies are set to expand further amid a glut. In many commodity markets, recently installed low-cost supply can now be stretched to meet demand, BHP Billiton Ltd. Chief Executive Officer Andrew Mackenzie said last week.

“This rally is living on borrowed time,” Goldman analysts Christian Lelong and Amber Cai said in a note on Monday, targeting a drop back below $50 a ton. While higher prices may last in the short term, rates need to drop again to force the closure of higher-cost mines to balance the market, they said. Last month, Goldman said iron ore’s jump offered investors an opportunity to bet on renewed declines.

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Covergalls clothing line featured in Women Who Rock fashion show – by Lisa Wright (Toronto Star – June 8, 2015)

The Toronto Star has the largest circulation in Canada. The paper has an enormous impact on federal and Ontario politics as well as shaping public opinion.

Embarassing trips to the porta-potty spark clothing line by Sudbury woman.

Alicia Woods’ eureka small business idea came via the call of nature. She was a mile underground touring a Sudbury nickel mine 15 years ago in a bulky, oversized pair of men’s coveralls as part of job shadowing for her future sales position for a mining equipment manufacturer.

“I thought, ‘Uh-oh, what if I have to use the washroom?’ It was all men down there and all they had was a porta-potty, and I had all this gear on,” she recalls.

As her career in the industry grew, Woods found herself on numerous trips to mine sites across North America, but she discovered not even the smallest gear fit her petite frame.

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Teck hosts international mining conference – by Katelyn Dingman (Fernie Free Press – June 8, 2015)

http://www.thefreepress.ca/

Key players in the coal mining industry from Colombia, Peru and the Elk Valley made their way to the Elkford Community Conference Centre on Wednesday, June 5 to discuss mining relations and mining practices.

Industry representatives, including a representative from Peru’s Ministry of Energy and Mines and representatives from the Federation of Colombian Municipalities, were eager to learn about the Elk Valley’s mining industry, focusing mainly on their positive community relations.

Delegates from the foreign mining sectors were in admiration of the positive government relationships with the mining industry. Participants were also keen to discuss the tax revenue agreements that allow mining to continue in local communities like the Elk Valley.

“We understand the role coal mining plays in the economic development but also in the livelihoods of people here,” Program Director of Inclusive Communities in Latin America (CISAL) Christopher Yeomans said. “We were coming here to discuss how local communities have come together to negotiate better agreements, better tax revenue agreements with Teck and other companies here.”

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Canada’s treatment of aboriginals was shameful, but it was not genocide – by Conrad Black (National Post – June 6, 2015)

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

I yield to no one in my fervour to make amends to the native people for violations of treaty rights and other mistreatment, but the phrase “cultural genocide,” as I wrote here last week in reference to the Chief Justice of Canada’s use of it in a speech given in honour of the Aga Khan, is deliberately provocative and sensational.

We might as well accuse Canada and the United States and all countries built on immigration (ultimately almost all countries) of cultural genocide, of the natives or the arrivals, though of course immigration is voluntary. All words bearing the suffix “cide” refer to physical extermination: suicide, homicide, genocide, regicide, etc.

The native people, or First Nations, were here first, but there were not more than a few hundred thousand of them in what is now Canada in the 17th century. They had a Stone Age culture that had not invented the wheel, and which graduated, however brusquely, to more sophisticated levels of civilization, but the culture was not exterminated.

Apart from a few mid-western farming tribes and Pacific and Great Lakes inhabitants of log dwellings, the First Nations did not have permanent buildings or agriculture, metal tools, or knitted fabrics.

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Residential schools, reserves and Canada’s crime against humanity – by Doug Saunders (Globe and Mail – June 6, 2015)

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.

The first thing worth knowing, in understanding the specific nature of the crime Canada stands accused of, is how recent it all really was.

Keep in mind that, until 1960, no First Nations were permitted to vote in a Canadian election. In other words, they had a legal status not of citizens but much more like that of wildlife. They could not, for much of the 20th century, leave the confines of a reserve without permission from a government agent. Indigenous Canadians often could not run businesses, borrow money, own property, or, in the case of Inuit from the 1940s to the 1970s, even have a name.

And at the centre of all this, the practice of seizing aboriginal children permanently and usually unwillingly from their parents, placing them in state custody, and subjecting them to the forced labour and isolation of residential “schools” – the subject of this week’s monumental Truth and Reconciliation Commission report – reached its peak at the very end of the 1950s and continued in significant numbers through the 1970s (the last residential school didn’t close until 1996).

Almost a third of aboriginal Canadians – 150,000 people – were raised, without access to their families, in these institutions (which were by any normal definition not educational but penal).

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Montana takes action on mine waste after B.C. dam failure – by Gordon Hoekstra (Vancouver Sun – June 7, 2015)

http://www.vancouversun.com/index.html

New laws spearheaded by industry after Mount Polley dam failure

The pollution caused by last summer’s dam failure at the Imperial Metals’ Mount Polley and the recommendations from an expert panel this January are having effects in the United States.

Six weeks ago, Montana changed its laws in response to the B.C. mine disaster, entrenching in statutes design standards for mine waste-storage facilities, qualifications for engineers and requirements for independent review panels.

The law changes were spearheaded by industry through the Montana Mining Association and sponsored by Republican state Senator Chas Vincent.

In B.C., the mining industry has been cautious in its response to the expert panel recommendations, which included the call for the independent review panels made up of senior geotechnical engineers. And while the B.C. Liberal government says changes are coming, it has said a review of provincial laws could take at least a year.

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NEWS RELEASE: Ionic Engineering – Talos Steel Joint-Venture Opens New Office in Santiago, Chile

www.ionic-eng.com

(Greater Sudbury, June 8, 2015) Ionic Engineering and Talos Steel, both of Lively, in the heart of the Sudbury Mining Cluster, have joined forces to launch a new venture in South America. Based in Santiago, Chile, the new company, known as Ionic Tecnologias Spa will represent the interests of both companies.

Chile is a leader in copper production and is home to some of the largest mining projects in the world. Both Ionic Engineering and Talos Steel have been working in Chile for years. “A local presence will greatly improve our responsiveness to customers as well as allow us to maintain regular contact with some of our best clients” says Steve Matusch, President of the Ionic group of companies.

Talos Steel is a high-quality industrial fabricator specializing in mining projects. “Pairing our industrial know-how with Ionic’s automation experience really puts this new venture in a very unique competitive position” claims Frank Grossi, Vice President of Talos Steel. Grossi continues “Mining companies from Canada, and the Sudbury basin in particular, are very well respected abroad. We are building a strong brand around Ionic Tecnologias”.

Ionic Tecnologias has a mandate to provide fast, affordable and quality solutions for this growing sector. “There is no doubt that this venture will be successful,“ continues Matusch, “provided that we deliver a quality product for a competitive price, we believe that this market will be one of growth and prosperity”.

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Editorial on Teck temporary shutdowns – by Katelyn Dingman (Fernie Free Press – June 7, 2015)

http://www.thefreepress.ca/

Last week, Teck announced that they will be implementing temporary shutdowns this summer. For communities that rely heavily on the coal industry for their economy, this is not good news.

During Sparwood’s mining week celebration in early May, Port Metro Vancouver representative Jim Candles said that one in five Kootenay residents work in the mining industry. For 20 days those employees will be out of work.

Many feel that although the announcement is clearly not a good thing, the negative impacts of the temporary closures are outweighed by the devastating impacts of actual layoffs.

The shutdowns were implemented in response to changing coal market conditions. For many, this news didn’t come as a shock, as discussions around the weakening of demand and oversupplying of coal, particularly in China, have been happening for several months.

This is a fact that Teck Coal Vice President, Operations, Coal, Robin Sheremeta highlighted while at the aforementioned mining week celebration.

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NEWS RELEASE: First Nickel Discontinues Lockerby Mine Ramp Development

TORONTO: June 8, 2015. First Nickel Inc. (“First Nickel”, “FNI” or the “Corporation”) (TSX: FNI) announces the discontinuation of underground ramp development at its Lockerby nickel/copper mine, located in the Sudbury basin in Ontario (“Lockerby”).

As disclosed in the Company’s filings for the first quarter of 2015, considering low nickel prices and production levels of the Lockerby mine, the Company has evaluated a range of options from continuing the current operating plan at Lockerby to discontinuing ramp development and mining only the ore remaining on and above the 6800-foot level. Primarily as a result of continued weakness in nickel prices, the Company has decided to discontinue ramp development at this time.

The remaining economic ore on and above the 6800-foot level is expected to be mined out in the third quarter of 2015, at which time the mine will either be put on care and maintenance or closed. The accounting implications of this change will be reflected in the Company’s interim financial statements for the second quarter of 2015, which will be filed in early August.

Mr. Thomas M. Boehlert, President and CEO of FNI, commented, “Our employees at Lockerby have worked long and hard to make the mine a success.

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Retaining Posco in India-a challenge for Centre? – by Ashok B Sharma (The Echo of India -June 5, 2015)

http://echoofindia.com/

Prime Minister Narendra Modi’s hopes for mobilising foreign direct investments (FDIs) for bolstering growth and job creation may meet with the first casualty if the South Korean steel major POSCO takes a firm stand on withdrawing from its proposed project in Odisha. The main reason for this sorry episode would be not providing mining lease on out-of-turn basis in the spirit of the Bilateral Investment Promotion and Protection Agreement signed between the two countries way in 1996.

South Korean investments in India surged after signing of this agreement and touched $ 3.8 billion by December 2014. South Korean companies forayed into India much before the Make in India programme was officially launched by PM Modi. South Korean companies sources large parts of local contentment, thereby facilitating indigenisation.

From its manufacturing base in Chennai, Hyundai Motor India has exported about 2.2 million cars to 123 countries in five continents. Its success story is that with a total investment of $2.7 billion, its yearly turnover is about $5 billion and it has created about 1,50,000 direct and indirect employment including dealers and vendors.

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