SAMSSA

The largest concentration of mining expertise worldwide

Archive for the ‘News’ Category

UPDATE 5-Vale intensifies CEO search as Ferreira to quit -sources

Posted Sunday, February 26th, 2017 by Dick DeStefano

  by Guillermo Parra-Bernal and Tatiana Bautzer (Reuters India – February 25, 2017) February 24, 2017 in www.republicofmining.com http://in.reuters.com/Feb 24 Vale SA has stepped up the search for a new chief executive officer as Murilo Ferreira announced his departure, signaling efforts by some top shareholders to shield the world’s No. 1 iron producer from political […]

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Glencore records $1.99 billion profit

Posted Friday, February 24th, 2017 by Dick DeStefano

    By Bloomberg News, Sudbury Star wire service Thursday, February 23, 2017 12:55:05 EST PM Glencore Plc opened the door for a big dividend to reward shareholders, which includes its top executives and dozens of employees, for sticking with the company through the commodities crisis. The mining giant, along with Rio Tinto Group and […]

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New Gold raising $150M for Rainy River construction

Posted Thursday, February 23rd, 2017 by Dick DeStefano

    February 23, 2017 by Canadian Mining Journal   ONTARIO – New Gold of Toronto has entered into a bought deal financing that will raise at least US$150 million for construction of the Rainy River gold mine 65 km northwest of Fort Frances. New Gold will issue 53.6 million common shares at a price […]

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SAMSSA Member Laurentian University – Goodman School of Mines

Posted Wednesday, February 22nd, 2017 by Dick DeStefano

Laurentian University – Goodman School of Mines The Goodman School of Mines was created to help Canada meet the impending employment shortfall in the mining industry that is estimated to be between 60,000 and 130,000 new workers by 2020, many of which will require a university degree.Our vision is to be The University for the […]

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A snapshot of mining R&D activity in Ontario

Posted Wednesday, February 22nd, 2017 by Dick DeStefano

    by Alisha Hiyate (Canadian Mining Journal – February 1, 2017) February 22, 2017 in http://www.canadianminingjournal.com/As part of its “Innovation Agenda” the federal government announced last year that it would invest $800 million over four years to support research and innovation in five key sectors of Canada’s economy. The identity of those sectors is […]

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Laurentian mine rescue takes title at international competition

Posted Tuesday, February 21st, 2017 by Dick DeStefano

For Full story visit https://www.sudbury.com/local-news/laurentian-mine-rescue-takes-title-at-international-competition-540706   Student team wins in first aid competition, field competition and overall title 106  by: Callam Rody Sudbury.com   PreviousNext 1 / 2 The Laurentian University Mine Rescue Team has claimed the overall title at the 2017 Colorado School of Mines International Mine Emergency Response Demonstration, according to a Facebook post. Supplied […]

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Newcomers hold key to Sudbury’s future – report

Posted Tuesday, February 14th, 2017 by Dick DeStefano

    By Jim Moodie, The Sudbury Star Tuesday, February 14, 2017 1:49:21 EST AM     Sudbury is uniquely positioned to build its economic base through an influx of people from other countries and from First Nations in the North, according to a recent study. The paper, produced jointly through the Northern Ontario Policy […]

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Financial Community Supports SAMSSA Members

Posted Wednesday, February 8th, 2017 by Dick DeStefano

Financial Organizations National Bank National Bank was established 152 years ago and presently has over 20 thousand employees and over C$180 Billion in assets , it is the 6th largest bank in Canada and according to Bloomberg Market Magazine (June 2012 edition) it was ranked the 5th strongest bank globally. National Bank is a dominant […]

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Mining showcase puts 90 northern firms in the spotlight

Posted Tuesday, February 7th, 2017 by Dick DeStefano

  PDAC 2017 one of the largest international events its kind in the world 7 24 h by: Sudbury.com Staff   For full story visit   https://www.sudbury.com/local-news/mining-showcase-puts-90-northern-firms-in-the-spotlight-529568   The fourth annual Northern Ontario Mining Showcase has expanded once again and will now host 90 Northern Ontario mining supply and service companies from across the region. […]

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Inaugural Ontario Economic Report Forecasts Outlook for Local and Provincial Economy: Greater Sudbury Chamber of Commerce

Posted Tuesday, February 7th, 2017 by Dick DeStefano

  Inaugural Ontario Economic Report Forecasts Outlook for Local and Provincial Economy: Greater Sudbury Chamber of Commerce Vulnerabilities in Ontario’s economy pose challenges to our prosperity. Government must prioritize growing the economy, creating jobs and driving a competitive advantage   Greater Sudbury, February 7th, 2017: Today, the Greater Sudbury Chamber of Commerce in partnership with […]

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