In 2008, for the first time in human history, more than half of the global population will be living in cities. The planet is undergoing the largest wave of urban growth ever, spearheaded by the massive migration of Chinese farmers to their cities.

Access to mineral commodities is critical if this trend of urbanization and industrialization in China, India and much of the rest of the lesser developed nations are to continue. This is no ordinary boom-bust cycle. We have entered a “once-in-a-generation,” long-term commodity boom that will ensure that Sudbury remains prosperous for decades to come.

However, an explosive demand for skilled mining geologists and engineers to find and develop the future mineral deposits as well as keep the present ones running will be one of the most significant global challenges the mining industry faces. Especially since a large number of the current generation are close to retirement.

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Two weeks ago during Toronto’s annual mining convention, a Memorandum of Understanding (MOU) between the Assembly of First Nations (AFN) – Canada’s national organization for Aboriginal people – and the Prospectors and Developers Association of Canada (PDAC) - an industry lobby group – was signed.

In a prepared speech for the MOU, National Chief of the Assembly of First Nations, Phil Fontaine said, “Two months ago, I had the opportunity to travel to the Attawapiskat First Nation to visit the community and the new Victor Diamond Mine…I was very impressed with De Beers’ commitment to working closely with Attawapiskat. This kind of economic development is bringing hope to so many people who are desperate to provide for their families.”

Patricia Dillon, the previous President of the Prospectors and Developers Association of Canada, stated, “The deliberations and discussions leading up to the signing of this MOU have been undertaken with much goodwill on both sides. This historic document formalizes a relationship that has been flourishing for some time and lays a framework for the mineral industry to work cooperatively with First Nations and aboriginal communities.”

This agreement sends a tremendously strong message to governments and the environmental movement that Canada’s top Aboriginal leadership supports and wants to expand sustainable mining developments when proper consultation and economic agreements are implemented.

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The annual Prospectors and Developers Association of Canada (PDAC) convention is the premier event in the global exploration and mining sector. The Toronto convention, which is always held in the first week of March, is expected to set another attendance record this year with about 20,000 visitors.

As I jump from presentation to event throughout this column I may sound like I have a severe case of “attention deficit disorder. This only reflects the many stories, people, lectures and events at the PDAC which just simply overloads the mind. Combine that with the networking, business deals, and the enormous amounts of partying and the frantic three and a half days can become a blur to any participant. Where to start? Read the rest of this entry »

The Prospectors and Developers Association of Canada (PDAC) promotes the interests of the Canadian mineral exploration sector to ensure that there is an economically prosperous and competitive mining industry in Canada. A critical part of PDAC’s mandate is to encourage the highest standards of technical, environmental, safety and social practices of the industry both in Canada and internationally.

New Presidents for the Prospectors and Developers Association start their two-year mandates just following the organization’s convention held in Toronto, Canada in early March of each year.

Canadian-born President Jon G. Baird is an engineer who graduated in geophysics from the University of Toronto in 1964. He has a solid background in dealing with international business. Read the rest of this entry »

The conservative think-tank – the Fraser Institute – has released its annual Survey of Mining Companies, on the most attractive jurisdictions for mineral investment. This year’s top three are Quebec, Nevada and Finland.

The Policy Potential Index is a composite measurement of the effects of government mining policies on mineral exploration and development that include environmental regulations, taxation, infrastructure, political stability, uncertainty over native land claims, labour issues as well as geological attractiveness and the interpretation of existing regulations.

“Quebec has always been viewed in a good light by the mining industry, primarily due to its favourable geology,” said Fred McMahon, coordinator of the survey and the Institute’s Director of Trade and Globalization Studies.

“But Quebec’s government also provides a favourable policy environment to go along with strong mineral potential. Read the rest of this entry »

The annual Prospectors and Developers Association of Canada (PDAC) convention starts this Sunday in Toronto, Canada. This year’s convention has shifted to the South Building of the Metro Toronto Convention Centre from the North Building to accommodate more exhibitors and a larger crowd. They are expecting to see close to 20,000 participants, a new record high like the price a many of the metals its members are searching for.

PDAC was first founded in 1932, early in the Great Depression in order to fight some new provincial government regulation that was detrimental for struggling prospectors. Copper was then selling at four cents a pound (US), nickel was about 35 cents per pound, and gold could be bought for $20.67 per ounce. How things change and how they stay the same. Read the rest of this entry »

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 »

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 »

There is no doubt that the impending recession in the U.S. is causing economic upheaval across Ontario which exports about 86% of its manufactured goods to our southern neighbour.

Over the next few years as the province copes with a high Canadian dollar, competition from China and high energy prices, many communities in Ontario may be faced with a declining standard of living unless we can find sustainable solutions.

However two recent reports confirm that the commodity super-cycle has a long life ensuring that Sudbury – the location of approximately half of the province’s mining production – will be an island of prosperity as the region’s mineral products, supply and service sector and mining expertise is in great demand around the world. Read the rest of this entry »

According to a comprehensive study by the Mining Industry Training and Adjustment Council (MITAC), the Canadian mining industry needs to fill 81,000 high-paying, highly skilled new positions in the next 10 years. 

Considering that the industry has a terrible image problem among urban populations and a rapidly aging workforce, the issue of attracting the next generation of mine workers has become a significant problem or even a crisis to some.

One small solution is Mining Matters, the educational outreach initiative run by the Prospectors and Developers Association of Canada (PDAC). Read the rest of this entry »