13th March 2008

Need Recognition for Mining Supply and Service Companies - Dick DeStefano

Dick DeStefano - Executive Director of SAMSSA
Dick DeStefano - Executive Director of SAMSSA
I had the good fortune to spend a day with mining colleagues and mining supply and service leaders in a workshop in Sudbury sponsored by NORCAT and The Conference Board of Canada to discuss the lack of recognition and the importance of mining and related services within the national and provincial political context.

It was clear that mining as a national strategic asset receives little acknowledgement from all senior levels of government. Note the recent mining takeovers. What is more distressing is the almost total dismissal of the mining supply side within policy discussions.

It is frustrating to sit in rational discussion about industries that generate jobs and innovative products to a booming natural resource sector and find that all Canadian related mining services/products can’t be catalogued and identified within government statistics and profiles.

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28th February 2008

Ontario’s Mining Supply Companies Need Strategic Govenment Investments - Dick DeStefano

Dick DeStefano - Executive Director of SAMSSA
Dick DeStefano - Executive Director of SAMSSA
Mining as a national asset seems to have fallen of the table. Not one substantial government document or study that has been produced places any real value on the mining industry or its strategic importance to the Canadian economy.

There are few restrictions on foreign takeovers and the entire sector is rarely placed under the microscope and examined as a “natural asset” that needs to be given serious protection as international brokers and banks play ownership games with resource companies around the world.

The Competition Policy Review Panel – Sharpening Canada’s Edge – is beginning a consultation on investment policies and how Canada can become a destination for talent, capital and innovation. Read the rest of this entry »

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27th February 2008

Dick DeStefano and the birth of SAMSSA - Stan Sudol (Part B)

Fuller Industrial Photo
Fuller Industrial Photo
Sudbury Mining Supply and Service Industry is Enormous

More money is spent within a 500-kilometer radius of Sudbury on underground hard-rock mining supplies than anywhere else in Canada, the United States or Chile. In 2006, Inco alone spent over $400 million on local supplies and services. That figure will only grow with the announcement to bring the Totten Mine into production as well as the Creighton Deep and Copper Cliff Deep projects. Xstrata Nickel is building Nickel Rim South, while FNX Mining will be bringing the Podolsky mine into production in 2008, just to mention a few other initiatives.

One of the main aspects of SAMSSA is the global nature of the organization. During its first year, DeStefano made contacts with 125 embassies focusing on their trade commissioners and government agencies who might have been interested in partnerships or distributorships. Read the rest of this entry »

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26th February 2008

Dick DeStefano and the Birth of SAMSSA - Stan Sudol (Part A)

SAMSSA Members in Antofagasta, Chile (2004); Dick DeStefano, SAMSSA; Andre Ruest, B&D Manufacturing; Norbert Hoffman, Novenco; Ivania Misetic, Chilean Economic Development Agency
SAMSSA Members in Antofagasta, Chile (2004); Dick DeStefano, SAMSSA; Andre Ruest, B&D Manufacturing; Norbert Hoffman, Novenco; Ivania Misetic, Chilean Economic Development Agency
While southern Ontario manufacturing and auto industries are under severe economic stress due to the high dollar, competition from China and a U.S. recession, Sudbury’s cluster of mining supply and service (MS&S) companies are growing, exporting their products and technical expertise around the world.

Due to their success and economic clout, the local mining suppliers formed an industry association in 2003 called the Sudbury Area Mining Supply Services Association (SAMSSA) that also has members from North Bay and Timmins. The three communities supply about 35% of mining supply and services in Canada - the second largest concentration in the country.

SAMSSA Executive Director Dick DeStefano says, “Unfortunately, the Sudbury cluster has not been recognized by the provincial government as an important manufacturing centre. In the last three years the local cluster, including North Bay and Timmins have been exporting their products around the world, significantly increasing their revenues and regional employment.” Read the rest of this entry »

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