The following excerpt by Vale Inco President and Chief Executive Officer Murilo Ferreira is from the Vale Inco sustainability report released last summer. The full report is available at: Toward Sustainability

TOWARD SUSTAINABILITY – Murilo Ferreira

At CVRD Inco, we believe that our journey toward sustainability involves operating in a responsible manner to our employees and other stakeholders, the natural environment and the communities where we operate.

As a responsible employer, we are committed to treating our employees with dignity and respect, providing opportunities for career development and fulfillment, and always placing safety above all else. In the coming year, we will continue to work diligently as we strive to integrate the people, cultures, policies and guidelines of the former Inco with those of our parent company CVRD.

The year 2006 saw significant accomplishments in safety. For instance, year on-year we achieved an eight per cent reduction in disabling injury frequency worldwide in 2006. Read the rest of this entry »

• Thank you, and good afternoon everyone. It’s been a little while since I spoke to the Chamber, so it’s a pleasure to be here.

• Actually it’s been almost a year to the day since Murilo Ferreira, Vale Inco’s President and CEO, first came to Sudbury to speak to this audience. This was shortly after CVRD completed its acquisition of Inco.

• The theme of his speech was “Together, We are Better” – and I’m sure some of you may have been skeptical.

• He also said the acquisition wouldn’t change things much in Sudbury…but I might argue – since then, things have changed…and for the better.

• What an incredible year we just had at our Sudbury operations: Read the rest of this entry »

Fred Stanford is President, Ontario Operations at Vale Inco

Stanford joined Vale Inco’s Industrial Engineering Department in 1981 upon graduation from the Technical University of Nova Scotia. In 1985, he moved into operating supervision roles in various mines, advancing to the position of Creighton Mine Superintendent in 1991. 

In 1996, he moved to Clarabelle Mill as Superintendent before a transfer to the Manitoba Division as Manager of Human Resources, Safety & Environment.  In 2002, he returned to the Ontario Operations as Manager of Maintenance, General Engineering and Support Services. 

Stanford was appointed Vice-President of Business Services in July 2005.  In January 2007, he was appointed President of Vale Inco’s Ontario Operations. He is active in the community and currently sits as a Director on a number of Boards including Cambrian College, NORCAT and the Laurentian University Board of Governors.

The next posting is a speech given by Stanford to the Sudbury Chamber of Commerce on January 31, 2008.

With such turmoil on global stock exchanges, one might wonder if Xstrata CEO Mick Davis and Vale CEO Roger Agnelli are trying to perform their proposed merger/takeover – difficult enough at the best of times – on the deck of a financial Titanic.

On Monday, many stock exchanges around the world witnessed the worst single day decline since the terrorist attacks of September 11, 2001. The TSX saw $90 billion evaporate while European exchanges wiped out $300 billion. In total, trillions of dollars in investment value were lost. The U.S. exchanges were closed for a holiday.

The “American contagion” as many are calling this stock market slaughter – due to the U.S. subprime mortgage fiasco and collapsing property values – continued Tuesday morning around the world including American exchanges. Read the rest of this entry »