Vale Inco’s New Invoicing System Causing Some Layoffs in Sudbury Supply Sector – by Bill Bradley

Northern Life, Greater Sudbury’s community newspaper, gave Republic of Mining.com permission to post Bill Bradley’s article. www.northernlife.ca (This artilce was originally published on November 12, 2008)

Some Greater Sudbury businesses are having trouble getting paid by Vale Inco.

It is not because Vale Inco is broke, but because of a new invoicing system that is being implemented by the company, said small businesses in Lively and Vale Inco itself.

Harry Sheppard, owner of Home Hardware in Lively, said Tuesday morning that some smaller business customers cannot pay him for what they have purchased because they in turn have not been paid by Vale Inco.

“I do not have much business with Vale Inco myself. However, it is affecting a dozen businesses in the Walden area that deal with my store. They say they will pay me when Vale Inco pays them,” said Sheppard.

“These business customers of mine are good customers so the fault does not lie with them.”

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Potash Corporation Courts Sudbury Mining Businesses – by Bill Bradley

Northern Life, Greater Sudbury’s community newspaper, gave Republic of Mining.com permission to post Bill Bradley’s article. www.northernlife.ca

There is a lot of money to be made in potash. India, Brazil and China, which are expanding their agricultural production to feed their growing populations, do not have what Canada is blessed with in abundance, said Potash Corporation officials Wednesday at the Howard Johnson Hotel.

The $64 billion Saskatchewan company mining the fertilizer, sought out by the world’s farmers, was in the city courting the local mining supply and services cluster of companies (SAMSSA) for their expertise. Production for the company is rising from 10 million tonnes this year to 18 million tonnes in 2012.

“We are here because of the high quality of mining expertise that is in this city,” said Ralph Sanders, manager, corporate procurement, PotashCorp.

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