Archive | Stan Sudol Columns/Media References and Appearances

Some Highlights of 150 years of Canadian Mining – by Stan Sudol (Canadian Business History Association Conference – September 12, 2017)

British Columbia Gold Rush – Wiki Photo

http://bit.ly/2gyCMjA

This speech was given at the Canadian Business History Association Conference at the Rotman School of Management, University of Toronto on September 12, 2017.

Good morning everyone.

For over 150 years the strategic mining sector has played a major role in the economic development of Canada as well as opening up many parts of the country’s isolated north for settlement. It also helped solidify our western and northern borders during the first few decades of Canada’s existence at a time of threatening American expansion.

British Columbia Gold Rush

In 1848, placer gold – which refers to the metal found in rivers and streams – was discovered in California. This was the first of a series of gold rushes throughout the world over the next 80 years.

Miners at the Mucho Oro (Much Gold) gold mine near Barkerville – Wiki Photo

Fortunately, when these placer gold deposits started to decline by 1858, a similar discovery was made hundreds of miles to the north at the mouth of the Fraser River, in a territory known as New Caledonia.

At that time, this region was controlled by the Hudson Bay Company and the colony of Vancouver Island was ruled by Governor James Douglas who was based in Victoria. He was fearful that an influx of about 30,000 miners, many from California, would cause the territory to be annexed by the Americans. Continue Reading →

Mines can create Indigenous middle class in Ring of Fire: Opinion – by Stan Sudol (Toronto Star – August 1, 2017)

https://www.thestar.com/

Ontario needs to follow the lead of Nunavut, where Inuit communities have benefitted from successful gold and iron ore mines.

It’s been 10 years since the world-class Ring of Fire mineral district was discovered in the isolated James Bay Lowlands, about 500 kms northeast of Thunder Bay. Not one mine has been built.

During those 10 years, the equally isolated territory of Nunavut has built two gold mines (Agnico Eagle’s Meadowbank and TMAC Resources’ Doris) and one iron ore operation (Baffinland’s Mary River).

A fourth gold mine (Agnico Eagle) should be in production in 2019 — and Sabina Gold and Silver Corp. A junior exploration company with a very rich precious metal deposit has just been given continued development approvals by the Nunavut Impact Review Board. Continue Reading →

Canadian Mines Create Indigenous Middle Class in Nunavut – Not in Ring of Fire – by Stan Sudol (July 26, 2017)

It’s been ten years since the world-class Ring of Fire mineral district was discovered in the isolated James Bay Lowlands, about 500 kms northeast of Thunder Bay. Not one mine has been built. During those ten years the equally isolated territory of Nunavut has built two gold mines (Agnico Eagle’s Meadowbank and TMAC Resources’ Doris) and one iron ore operation (Baffinland’s Mary River).

A fourth gold mine (Agnico Eagle) should be in production in 2019 – and Sabina Gold and Silver Corp., a junior exploration company with a very rich precious metal deposit has just been given continued development approvals by the Nunavut Impact Review Board.

Noront Resources is the only significant company in the Ring of Fire with a potentially bankable mineral asset, their nickel/copper Eagle’s Nest deposit, as well as the owner of 75 per cent of the valuable staked claims in the region. The company also has plans to develop an adjacent chromite deposit using the Eagle’s Nest underground infrastructure and is currently looking for a suitable site in northern Ontario to build a ferrochrome processing plant to supply the American market. Continue Reading →

Exceptional Current Generation of Canadian Mine Builders – by Stan Sudol (RepublicOfMining.com – July 20, 2017)

In the February/March issue in the Canadian Mining Journal, I highlighted the Top Ten Mining Men in Canadian History and lamented that we recently passed the tenth anniversary of the takeover of historic Canadian companies like Inco, Noranda and Falconbridge. These companies helped play a key role in opening up isolated northern regions and trained generations of world-class mine finders and builders.

Notwithstanding an enormous amount of national angst about a “hollowing out” of the Canadian resource sector, the following list of current mine builders – who may end up on some future Top Ten Mining People list – clearly indicates that we still have an enormous talent pool of visionary individuals who will continue to build and find mines in Canada and around the world and create the next generation of home grown corporations.

This list is in no particular order and is a very wide cross-section of industry players that range from junior mine builders to seasoned CEOs who run multi-billion dollar corporations and represents just a very small selection of the enormous amount of mining talent that exists in this country. Continue Reading →

Kirkland Lake and the Amazing World-Class Abitibi Gold Mining Belt – Orefinders CEO Stephen Stewart Interviews RepublicOfMining.com’s Stan Sudol (July 10, 2017)


The Abitibi is the largest Archean greenstone belt in the world. It’s roughly 150 km wide and starts just west of Timmins in Ontario – some say it starts in the Wawa camp – stretches for about 650 kms. in an east/west direction to Chibougamau, Quebec.

Since the first gold discovery in Timmins in 1909, the Abitibi has been the source of about 200 million ounces of gold and at least 35 billion pounds of zinc and 15 billion pounds of copper.

Both Ontario and Quebec have a number of significant mining camps. Continue Reading →

TV Ontario’s The Agenda – Steve Paikin Interviews With Mining Industry and NGO Critics (TV Ontario – May 31, 2017)

Toronto: Mining Capital of the World

Ask yourself: what’s the most important mining city in Ontario? Sudbury? Timmins? You could argue, it’s Toronto, where almost 60 per cent of all publicly-traded mining companies in the world are listed on the Toronto Stock Exchange and the TSX-Venture Exchange. And while all that may be well known to those in the business world, it’s far from widely appreciated beyond that. The Agenda discusses how Toronto rose to be a mining capital. Continue Reading →

Harte Gold Corporation’s Developing Mine: A New Camp in the Making Adjacent to Hemlo? – by Stan Sudol  (March 2017)


Harte Gold Corp. President and CEO Stephen G. Roman

Harte Gold Corporation is one of those “under the radar” junior explorers that is now well on its way to developing a high grade underground gold mine adjacent to northern Ontario’s world-class Hemlo camp where roughly 22 million ounces of gold have been produced to date since 1985.

Back in September 2008, when Stephen G. Roman and his partners sold their Gold Eagle Mine project in Ontario’s Red Lake gold camp, to Goldcorp for $1.5 billion, it took just one month for him to start investigating another project.

By early 2009, Roman took charge of Harte Gold, an underperforming gold exploration company that was on the verge of being de-listed. It took him about a year and half to put the corporation’s finances in order and acquire Corona Gold Corp’s 51% ownership of the property. Continue Reading →

Proud Canadian mining sector for a strong nation – by Marilyn Scales (Canadian Mining Journal – February/March 2017)

http://www.canadianminingjournal.com/

Canada is celebrating the 150th anniversary of Confederation. In 1867 the founding fathers met in Charlottetown built the foundation of a nation truly “strong and free”. They did a very good job, too. We can savour their hard work as we join in various celebrations around the country.

One of the reasons to be proud of Canada is its vast storehouse of natural resources and the men and enterprises that put us among the world’s premier mineral producers – gold, uranium, potash, base metals, diamonds, and the metals of the future. Our mineral legacy has also given rise to some of the world’s best technology for finding, mining and processing those riches.

Let’s take a look at the first person to be caught up in our mineral wealth. While Martin Frobisher searched for the Northwest Passage, he ballasted his ships with shiny yellow rocks. What he thought would be his fortune was pyrite, not gold, and his mistake was not pointed out until he had made another voyage and collected even more rocks. The lesson is: Never send a ship captain to do a geologist’s job.

French king Louis XIV granted what are probably the first mineral concessions on Cape Breton Island to Nicolas Denys who discovered coal there in 1672. For the next 200 years mining was small scale, done to meet local needs. Continue Reading →

Barrick’s Munk Heads Top Ten Most Important Mining Men in Canadian History – by Stan Sudol

Melanie and Peter Munk

Melanie and Peter Munk

An edited version of this list was published in the February/March issue of the Canadian Mining Journal.

Four Americans Made the List!

A few months ago, my dear colleague Joe Martin, who is the Director of the Canadian Business & Financial History Initiative at Rotman and President Emeritus of Canada’s History Society, asked me a very simple question: who would be considered the most important individual in Canadian mining?

Considering Canada’s lengthy and exceptional expertise in the mineral sector, it was not an easy answer and I decided to research and create a top ten list of the most important mining men in Canadian history.

The lack of women on this list simply reflects the fact that for much of our history most women were not given the educational or social opportunities to excel in business, especially in a rough and male-dominated sector like mining. Times have changed, women are playing key roles in mining today and will definitely be included on this list in the future.

However, a few qualifiers need to be established. This is basically a list of mine builders not mine finders.  Building a company through takeovers and discoveries is one way but I am also focusing on individuals who have built corporate empires and/or who have developed isolated regions of the country with the necessary infrastructure for mines to flourish and create multi-generational jobs, shareholder wealth and great economic impact. Continue Reading →

[The Great Provincial Divide – Northern Ontario Separation] – The Agenda’s Steve Paikin interviews Laure Paquette, Erik White and Stan Sudol (March 11, 2016)

http://theagenda.tvo.org/

The Agenda explores the idea of northern Ontario separating from the south.

Laure Paquette is an Associate Professor at Lakehead University’s Political Science department in Thunder Bay.

Erik White is a journalist at CBC Radio Sudbury.

Stan Sudol is publisher/editor of RepublicOfMining.com, a mining aggregator website, freelance mining columnist for the Sudbury Star and communications consultant in Toronto.

 

Infrastructure in the Ring of Fire: ‘Getting it Right’ rather than just Getting it Soon – by Chief Elizabeth Atlookan

Elizabeth Atlookan is Chief of Eabametoong First Nation and a member of the Matawa Tribal Council.

On March 11, 2016 the Financial Post and Sudbury Star published an article by Mr. Stan Sudol that called for rapid Federal investment in industrial Ring of Fire and community infrastructure, based on a ‘Mining Marshall Plan’ concept that he published in July 2015. Is a Marshall Plan needed? No. Rather, our First Nations and Ontario need to collaborate on a new, long-­‐term vision of human and environmental life that can incorporate wise industrial development. Let’s work together on that.

As the Chief of Eabametoong First Nation, I write from a remote community of roughly 2500 members, with about 1400 living on-­‐reserve approximately 400kms North of Thunder Bay. Eabametoong First Nation has been referenced in multiple news stories lately. These stories have outlined a number of tragic losses throughout our winter. In particular, we have suffered a suicide in February, the loss of an infant earlier this month, and one of our members falling victim to a homicide just over a week ago.

I write from the context of social crisis. This is something that has been documented, but rarely from the perspective of community leader who is facing so much local pain and difficulty, while navigating tremendous pressure for industrial development nearby. Continue Reading →

Sudbury letter: Ring of Fire progresss – minister – by Michael Gravelle (Sudbury Star – March 14, 2016)

http://www.thesudburystar.com/

Michael Gravelle is the current Minister of Northern Development and Mines.

Minister Gravelle was in charge this ministry when Cliffs Natural Resources became so frustrated with Ontario government inaction, incompetence and inept mining policy that the company decided cancel its proposed $3.3 billion chromite investment in the Ring of Fire, permanently damaging the province’s international reputation in mining circles. – Stan Sudol

Thank you for the opportunity to respond to Stan Sudol’s recent guest column regarding development in the Ring of Fire (“PM can save project,” The Sudbury Star, Tuesday, March 8).

The Ring of Fire presents a historic opportunity to drive positive economic outcomes for the region, the province and Canada as a whole. Its smart, responsible and sustainable development must include strong commitments to improve the living conditions of people and infrastructure surrounding the Ring of Fire.

Realizing the full potential of the region will require collaboration from several partners, including the provincial and federal governments. However, our government has already driven much progress in laying the groundwork to drive development in the region. Continue Reading →

What Ontario needs to unlock Ring of Fire’s mineral wealth is a Marshall Plan – by Stan Sudol (Financial Post – March 10, 2016)

http://business.financialpost.com/

Stan Sudol is a Toronto-based communications consultant, mining policy analyst and publisher/editor of www.republicofmining.com.

Ontario’s “Ring of Fire” mineral belt, located in the province’s remote James Bay Lowlands, is thought to hold more than $60 billion of geological riches. When the belt was discovered in 2007, it was supposed to usher in a new era of prosperity for Northern Ontario, especially for the impoverished First Nations communities in the region.

Almost a decade later, the ore remains in the ground and doesn’t appear to be coming out anytime soon. Thanks to the Ontario government’s ineptitude, dysfunctional mining policy, lack of promised infrastructure spending and (to a much lesser extent) a broader commodity slump, American miner Cliffs Natural Resources Inc. left the province in frustration in 2013, permanently halting its proposed US$3.3-billion chromite project.

The ultimate indignity for Ontario came last year, when Cliffs sold its US$550-million investment in the Ring of Fire to junior miner Noront Resources Ltd. — the only significant player left in the area — for a bargain-basement price of US$27.5 million. Continue Reading →

PM can save Ring of Fire – by Stan Sudol (Sudbury Star – March 8, 2016)

http://www.thesudburystar.com/

Sudbury Star columnist calls for a Trudeau ‘Marshall Plan’ for Ontario’s Ring of Fire

Ontario’s “Ring of Fire” mineral belt, located in the province’s remote James Bay Lowlands, is thought to hold more than $60 billion of geological riches. When it was discovered in 2007, it was supposed to usher in a new era of prosperity for Northern Ontario, especially for the impoverished First Nations communities in the region.

Almost a decade later, the ore remains in the ground and doesn’t appear to be coming out anytime soon. Thanks to the Ontario government’s ineptitude, dysfunctional mining policy, lack of promised infrastructure spending and (to a much lesser extent) a broader commodity slump, American miner Cliffs Natural Resources Inc. left the province in frustration in 2013, permanently halting its proposed US$3.3-billion chromite project.

The ultimate indignity for Ontario came last year, when Cliffs sold its US$550-million investment in the Ring of Fire to junior miner Noront Resources Ltd. — the only significant player left in the area — for a bargain-basement price of US$27.5 million.

At the present time, Noront is focused primarily on its bankable Eagles Nest nickel/copper/PGM property, valued at about $10 billion, which can be developed only if a proposed east-west road is built into the mining camp and has put its world-class chromite deposits on the backburner for the foreseeable future. Continue Reading →

Can ‘superblimp’ unlock hidden riches of Africa? (CNN.com – February 24, 2016)

http://www.cnn.com/

Mining consultant Stan Sudol, publisher of respected industry website republicofmining.com,
agrees the ship could be a game changer, that will allow commodities to be fast-tracked to 
market “They can be used to set up initial mine site development for less cost in a faster time-
frame as no local airstrip is necessary to start cargo delivery,” says Sudol.

(CNN)Best known for floating aimlessly above sports stadiums, and for their slightly comic, bloated shape, blimps are an unlikely subject for a 21st century revival.

But after 20 years of development, Lockheed Martin and Hybrid Enterprises are poised to unleash a revolutionary new design that could unlock resources worth billions of dollars across the African continent.

The Hybrid Airship is a helium-powered craft that can cover thousands of kilometers in a single journey, with a top speed of 60 knots. The craft can take off and land without a runway, and the cavernous interior can carry loads of 20 tons. Continue Reading →