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SAMSSA News Archive


Vale approves $2 billion ‘Clean Aer’ Project

Posted Thursday, February 16th, 2012 by SAMSSA

Vale has approved a $2-billion investment in the “Clean AER Project”, one of the largest environmental investments in Ontario’s history.
The Clean AER Project (AER stands for atmospheric emissions reduction) will see sulphur dioxide emissions at Vale’s smelter in Sudbury reduced by 70% from current levels. This reduction is in addition to the 90% reduction in sulphur dioxide emissions realized since 1970 and complements the ongoing success story that is the re-greening of the Sudbury region.

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Lake Shore Gold and Franco-Nevada Enter Agreement for $50 Million Royalty and Equity Investment

Posted Thursday, February 9th, 2012 by SAMSSA

Lake Shore Gold Corp. (TSX:LSG) (NYSE Amex:LSG) (“Lake Shore Gold” or the “Company”) today announced that the Company has entered into an agreement (the “Agreement”) with Franco-Nevada Corporation (TSX:FNV)(NYSE:FNV) (“Franco-Nevada”) through which Franco-Nevada will pay to the Company US$35 million for a 2.25% net smelter return (“NSR”) royalty on the sale of minerals from the Company’s Timmins West Complex.

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Sudbury luckiest city

Posted Monday, January 23rd, 2012 by SAMSSA

Last year, the global population reached seven billion.

More than half of us now live in urban centres and experts estimate that figure will climb to 70% by 2050. China is witnessing the largest rural to urban migration in the history of mankind in its stampede to industrialize and modernize. China also has become the world’s second largest economy and currently needs to build the equivalent of two cities the size of Toronto and Sydney, Australia, every year to accommodate this rapid growth.

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Timmins Goldcorp Mine ramping up

Posted Wednesday, January 11th, 2012 by SAMSSA

Representatives from Goldcorp Porcupine Gold Mines announced on Monday that it will commence development of the Hollinger Open Pit Mine Project following corporate approval to fund the project.

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Centring on change Thunder Bay

Posted Friday, December 30th, 2011 by SAMSSA

Sandi Boucher knows she has a pretty good gig. The general manager of the fledgling Thunder Bay Centre of Change gets a daily dose of inspiration from the 30 entrepreneurs under her roof.

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Bestech to design Fraser Morgan project

Posted Thursday, December 29th, 2011 by SAMSSA

Sudbury firm Bestech announced this month that it has achieved a major milestone with the assignment of the complete detailed engineering design of Xstrata Nickel’s Fraser Morgan project.

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Still Time For Vale

Posted Thursday, December 29th, 2011 by SAMSSA

After completing what it calls an in-depth technical review, the Ministry of the Environment has approved Vale Ltd.’s application for more time — 10 years — to comply with new standards for nickel emissions that go into effect in 2016.

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