3rd February 2012

Glencore, Xstrata target powerhouse mining merger – by Eric Reguly (Globe and Mail – February 3, 2012)

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.

ROME—The pending marriage of Xstrata PLC and Glencore International PLC would create a mining powerhouse with both the muscle and the appetite to quickly gobble up smaller rivals.

Xstrata, which owns Canada’s Falconbridge Ltd., is in talks with part-owner Glencore aimed at an all-stock merger that would reshape the industry by uniting what is already a formidable miner with the world’s biggest commodities trader.

Xstrata said Thursday it was approached by Glencore, which already holds 34 per cent of the Anglo-Swiss miner. If a deal is struck, a giant with a market value of about $88-billion (U.S.) would be created overnight.

Both companies are run by forceful chief executive officers, both are deal-making machines on their own, and together would be a formidable takeover force that analysts believe could target companies whose market value is at least $10-billion. In its own right, it would be huge in zinc, thermal coal, nickel and copper. Read the rest of this entry »

posted in Canada Mining, Nickel, Ontario Mining, Xstrata PLC | 0 Comments

3rd February 2012

Glencore in talks to buy Xstrata in blockbuster deal – by Clara Ferreira-Marques and Victoria Howley, Reuters (Sudbury Star – February 3, 2012)

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

LONDON — Commodities trader Glencore is in talks to buy mining group Xstrata in an all-share transaction that could create a combined group worth more than 50 billion pounds (US$79 billion), shaking up the industry with its biggest deal to date.

Glencore, the world’s largest diversified commodities trader, already owns 34% of Xstrata and a tie-up between the two — a deal which would trump Rio Tinto’s $38 billion acquisition of Alcan in 2007 — has long been expected, as Glencore aims to add more mines to its trading clout.

“We’ve always had the belief these two companies should be together,” Glencore Chief Executive Ivan Glasenberg told a financial conference in Moscow. Xstrata owns Xstrata Nickel, which in Sudbury employs about 1,000 people who work at Nickel Rim South mine, Fraser Mine, a mill and a smelter. Read the rest of this entry »

posted in Nickel, Ontario Mining, Xstrata PLC | 0 Comments

3rd February 2012

[Sudbury Vale] Workers back after fatality – by Carol Mulligan (Sudbury Star – February 3, 2012)

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

As a memorial mass is being said today for a veteran miner killed on the job, crews will start returning to five Vale mines where production was suspended after the fatality.

Stephen Perry, 47, died Sunday afternoon after being struck by rock while working on a piece of loading equipment at the 4,215-foot level of the main ore body at Coleman Mine in Levack. Hundreds of people, including about 45 family members from his native Newfoundland, were expected to attend the 10 a.m. service.

About 1,550 production and maintenance workers have been off the job, with pay, since Perry was killed. While some will start returning to work, the focus will remain on safety and not production, said Vale spokeswoman Angie Robson.

Returning workers will be “focused on tasks associated with safety and risk management, and not production-related work,” said Robson. “There is still no timeline on when our mines will return to production.” Read the rest of this entry »

posted in Ontario Mining, Sudbury Labour Issues and History, Vale | 0 Comments

2nd February 2012

Another death at Vale’s Sudbury mines – Editorial (Northern Miner – February 6-12, 2012)

The Northern Miner, first published in 1915, during the Cobalt Silver Rush, is considered Canada’s leading authority on the mining industry.

The month of January closed out with Vale having temporarily halted all underground mining at its five nickel mines in Sudbury, Ont., following the death of a miner at the Coleman mine on Jan. 29.

Miner Stephen Perry, 47, was working on the 4,215-ft. level when he was struck by “what appears to be a displacement of material or rock from the development face in the main orebody,” commented Kelly Strong, Vale’s North Atlantic vice-president of mining and milling, in an early Jan. 30 news conference.

Perry was brought to surface where he was pronounced dead by medical personnel, said Strong, who extended his condolences to the miner’s family and friends. He had been with the company for 16 years. This is the fourth fatality in seven months at Vale’s Canadian operations, and the third death at the company’s Sudbury mines. Read the rest of this entry »

posted in Canada Mining, Ontario Mining, Sudbury Labour Issues and History, Thompson, Vale | 0 Comments

2nd February 2012

Vale, [Sudbury] union agree to work together – by Carol Mulligan (Sudbury Star – February 2, 2012)

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

United Steelworkers Local 6500 and Vale Ltd. have agreed to conduct a joint investigation into the death of veteran miner Stephen Perry at Coleman Mine on Sunday.

Six people — three from the company and three from the union — will meet Thursday to begin work on the investigation into the fatal accident.

The shutdown at Vale’s five Sudbury mines will continue so the focus remains squarely on safety, and not on production, said Angie Robson. Local 6500 president Rick Bertrand said he was happy the two sides agreed to work together.

“Hopefully, things will be much better here on in,” in terms of both safety and labour relations, said Bertrand.

Mine production was halted Sunday after Perry, 47, was killed while operating a loader at the 4,215-foot level of the Coleman shaft of the main order body at mine in Levack. Read the rest of this entry »

posted in Ontario Mining, Sudbury Labour Issues and History, Vale | 0 Comments

2nd February 2012

Co-operative [industry/First Nations]approach to mining venture – (Timmins Daily Press – February 2, 2012)

The Daily Press is the city of Timmins broadsheet newspaper.

Company, two First Nations sign memorandum of understanding

An agreement has been reached between a mining firm and two First Nations over mineral rights to about 60,000 hectares of land. Ring of Fire Resources Inc. has entered into a memorandum of understanding (MOU) with the Matachewan and Mattagami First Nations with respect to its mineral exploration activities in 10 townships just north of Timmins.

The memorandum sets out the provisions of a co-operative approach to developing the Ring of Fire Inc. interests within the territorial homelands of the two First Nations. The agreement provides for business and employment opportunities that encourage First Nation participation in the mining industry.

The parties have also committed to negotiating an Impact and Benefits Agreement should the project warrant a mining operation. Read the rest of this entry »

posted in Aboriginal Mining, Ontario Mining, Timmins | 0 Comments

1st February 2012

Hemlo Mines creates opportunities for First Nations students

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.

Ontario Mining Association member Barrick Hemlo Mines is providing opportunities for residents of two nearby First Nations, Pic River and Pic Mobert, in Northwestern Ontario.  In 2009, the original 1992 agreement between Hemlo and these First Nations was broadened.  It creates a framework to train First Nations people in skills for present and future mining employment, to support business development and to include involvement in environmental stewardship programs.

“The agreement helps build capacity in First Nation communities to ensure that they benefit from mining,” said Roger Souckey, Superintendent of Employee Relations at Hemlo Mines.  “About  50 First Nations people work at Hemlo Mines, or about 10% of the workforce.  The mine is a benefit to the area.”

The Hemlo Operations of Barrick include the Williams and David Bell gold mines.  The mines purchased goods and services worth $35 million in Ontario in 2010 and $147 million in Canada.  In 2010, Hemlo Mines paid taxes and royalties of $8 million and contributed a further $800,000 in a variety of donations to local communities. Read the rest of this entry »

posted in Aboriginal Mining, Gold, Ontario Mining, Ontario Mining Association | 0 Comments

1st February 2012

Joint [Vale/union] investigation preferable in accidents – Editorial by Brian MacLeod (Sudbury Star – February 1, 2012)

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

The tragedy of death underground has revisited Sudbury in a manner that leaves all of us asking how this could happen again at a company that has more than 100 years of experience in mining.

Stephen Perry, 47, a 16-year miner at Vale, died at the 4,215-foot level at Coleman Mine in Levack on Sunday after he was struck by loose rock while he was working at a development heading.

The incident happened just days after Vale officials presented their findings about the deaths in June of two miners, Jason Chenier and Jordan Fram, after they were overcome by 350 tonnes of muck and sand while they were working at the 3,000-foot level of Stobie Mine.

Vale has suspended all five of its underground mining operations, affecting more than 1,500 workers, in order to come up with plans to ensure a safe working environment. Read the rest of this entry »

posted in Ontario Mining, Sudbury Labour Issues and History, Vale | 0 Comments

1st February 2012

Mass for killed [Vale Sudbury] miner set for Friday – by Carol Mulligan (Sudbury Star – February 1, 2012)

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

A memorial mass will be held Friday at 10 a.m. at Christ the King Church for Stephen Perry, who was killed Sunday afternoon on the job at Coleman Mine in Levack.

Perry was from Corner Brook, Nfld., but had worked with Inco and Vale for 16 years. Vale vice-president Kelly Strong called Perry a skilled and experienced miner who was respected by his colleagues. Family in Newfoundland said he was a kind and giving man, who would do anything to help someone in need.

Perry is survived by a daughter and several siblings.

Vale suspended operations at all five Sudbury mines after Perry was killed working on a piece of machinery to load blasting equipment to open up the 4,215-foot heading off the Coleman shaft in the main ore body.

The Ontario Ministry of Labour and Greater Sudbury Police Service have been at the site beginning their investigations. Vale and the union representing Perry, United Steelworkers Local 6500, will also conduct investigations. Read the rest of this entry »

posted in Ontario Mining, Sudbury Labour Issues and History, Vale | 0 Comments

1st February 2012

Cambrian unveils [Xstrata Nickel] energy centre – by Star Staff (Sudbury Star – February 1, 2012)

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

The new Xstrata Nickel Sustainable Energy Centre at Cambrian College will help Sudbury build on its reputation as a world leader in environmental remediation and sustainability, officials said.

They made the comments Tuesday as they officially opened the centre, which will house cutting-edge applied research and education.

The teaching and research facility is busy with a number of applied research projects underway alongside classes and labs for students in Cambrian’s Energy Systems Technology and Environmental Monitoring and Impact Assessment programs.

At the official opening, special guests got a first-hand look at what takes place inside the centre, its future potential, and its sustainable design features. Read the rest of this entry »

posted in Corporate Social Responsibility, Ontario Mining, Xstrata PLC | 0 Comments

1st February 2012

What is holding Northern Ontario back? – by David Robinson (Northern Ontario Business – February, 2012)

Established in 1980, Northern Ontario Business  provides Canadians and international investors with relevant, current and insightful editorial content and business news information about Ontario’s vibrant and resource-rich North.  

Dave Robinson is an economist with the Institute for Northern Ontario Research and Development at Laurentian University. drobinson@laurentian.ca 

Premier Brad Wall is proud of Saskatchewan. The province is booming. Migration from other provinces is up 40 per cent —people are streaming in from places like Ontario, Quebec, and Alberta. The province is even planning a jobs mission to Ireland to recruit workers.

But here is a question. Is our premier proud of Northern Ontario? Is anyone proud? In fact, is there anyone to be proud?

Saskatchewan, with about 33 per cent more people than Northern Ontario, and with only 80 per cent of the area of Northern Ontario, is managed by 58 Members of the Legislative Assembly (MLAs). In efficient Northern Ontario, we make do with 10 MPPs. And 10 per cent of a premier.

But if Ontario is so efficient, why is Saskatchewan doing so well by comparison? Read the rest of this entry »

posted in David Robinson Northern Ontario Columns, Northern Ontario Politics, Northern Ontario Separation and Alienation, Ontario Mining, Saskatchewan Mining | 0 Comments

31st January 2012

[Canada Mines Minister] Oliver pushes for Ring of Fire development – Matthew Hill (Miningweekly.com – January 31, 2012)

Mining Weekly is South Africa’s premier source of weekly news on mining developments in Africa’s most important industry. Mining Weekly provides in-depth coverage of mining projects and the personalities reshaping the mining industry.

TORONTO (miningweekly.com) – Natural Resources Canada minister Joe Oliver on Tuesday continued his crusade to cut down on environmental approval timelines for major projects, to encourage the potential C$92-billion in mining investment the government sees over the next ten years.

Oliver made specific mention of the chromite and nickel projects underway in Ontario’s Ring of Fire district, saying he hoped Cliffs Natural Resources’ Black Thor deposit and Noront Resources’ Eagle’s Nest project make their way through the regulatory processes without hitches.

Cleveland-based Cliffs said earlier this month that it could cost nearly $1-billion to build a mine and a concentrator at Black Thor, where it is carrying out a prefeasibility study, to produce one-million tons of export chromite ore concentrate and 600 000 t of ferrochrome. Read the rest of this entry »

posted in Canada Mining, Ontario Mining, Ontario's Ring of Fire Mineral Discovery | 0 Comments

31st January 2012

Honourable Joe Oliver: Minister of Natural Resources Canada – Speech at the Canada Mining Innovation Council Signature Event 2012 (January 31, 2012 – Toronto, Canada)

The Canada Mining Innovation Council Signature Event 2012″ brings together industry, academic and government decision-makers to discuss the need for innovation in mining in Canada. 

“…so I’d like to take a moment to talk about the Ring of Fire, a
relatively new mining region in the James Bay lowlands….For Ontario, this area is of strategic importance since it could open up the entire region to greater prosperity.  It has significant potential to create wealth, and provide taxes and royalties for government.”  (Joe Oliver, Minister Natural Resources Canada)

The Hon. Joe Oliver: 

Ladies and gentlemen, thank you very much.  Thank you also for all your good work and your leadership of this important council. 

Et sincère remerciement au Conseil canadien d’innovation minière pour l’occasion de prendre part à la discussion de ce matin. 

Thank you very much to the Canadian Mining Innovation Council (CMIC) for the opportunity to be part of the discussion this morning.  It’s an honour to be here on behalf of Prime Minister Stephen Harper.  As Canada’s Minister responsible for mining, I take pride in being part of this network of industry, government and academic leaders who are working together to strengthen Canada’s role as a global leader in mining innovation.  Read the rest of this entry »

posted in Aboriginal Mining, Canada Mining, Corporate Social Responsibility, Nickel, Northern Ontario Politics, Ontario Mining, Ontario's Ring of Fire Mineral Discovery | 0 Comments

31st January 2012

Closed [Vale shuts down Sudbury's underground operations after latest fatality]- by Carol Mulligan (Sudbury Star – January 31, 2012)

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

Vale Ltd. has temporarily suspended operations at its five Sudbury mines as the company steps back, pauses and focuses on a plan to make its operations safer after an experienced miner was killed Sunday at Coleman Mine.

Kelly Strong, vice-president of mining and milling for Vale, said 1,550 miners are off the job, with pay, while Vale managers meet with the joint health and safety committee to devise an action plan before the mines are reopened.

Until that plan is drafted, Strong couldn’t predict when the mines would reopen. It’s the first time in the 11 years he has been with Vale that it has suspended operations at all mines after a fatality at one of them, he said.

Vale employs 400 production and maintenance workers at its Coleman and Stobie mines, 350 at Creighton Mine, and 200 at each of Garson and Copper Cliff mines. Read the rest of this entry »

posted in Ontario Mining, Sudbury Labour Issues and History, Vale | 0 Comments

31st January 2012

Steelworker president angry over [Sudbury Vale mining] deaths – by Carol Mulligan (Sudbury Star – January 31, 2012)

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

The president of the union representing the miner killed Sunday at Coleman Mine was as angry Monday as he was sad that a member of United Steelworkers Local 6500 had been killed on the job.

While his union was expressing its heartfelt condolences to the miner’s family, Rick Bertrand was feeling mixed emotions, as were many of his members. “A big part of it is anger, (I’m) very angry,” Bertrand said Monday at the new Steelworkers’ Hall at 66 Brady St.

“Four fatalities in seven months is unacceptable … this has got to stop,” said Bertrand. Two Local 6500 members, Jason Chenier, 35, and Jordan Fram, 26, were killed June 8 of last year at Stobie Mine.

Another Steelworker, a member of USW Local 6166 in Thompson, Man., died in October, 12 days after he fell down a mine shaft while operating a scoop tram. Greg Leason, 51, had 23 years with Inco and Vale. Read the rest of this entry »

posted in Ontario Mining, Sudbury Labour Issues and History, Vale | 0 Comments

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