Sudbury Basin » Republic of Mining

25th February 2008

The Commodity Super-Cycle Will Benefit Sudbury for Years to Come – Stan Sudol

Stan Sudol - Executive Speech Writer and Mining Columnist

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 »

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24th January 2008

FNX Mining – Sudbury Basin Success (Part Two) – Stan Sudol

Underground at McCreedy West - FNX Photo

“We had the pick of the geologists’ crop in the depressed mining sector of 2002 and subsequently built one of the country’s biggest, youngest and most innovative exploration teams,” continues MacGibbon. “And with all that historical data, our fantastic computer- literate staff played a key role in helping us decide where to drill.”

Right from the beginning, this junior’s exploration mindset was on steroids. From 2002 to 2007 FNX will have spent more than $100 million on exploring its properties in the Sudbury Basin. Read the rest of this entry »

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