SAMSSA News Archive
Posted Tuesday, November 26th, 2013 by SAMSSA
Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that its affiliate, Cliffs Chromite Ontario Inc., will suspend indefinitely its Chromite Project in Northern Ontario by the end of the fourth quarter of 2013. The Company determined that it will not allocate additional capital for the project given the uncertain timeline and risks associated with the development of necessary infrastructure to bring this project online. In June of this year, Cliffs suspended the environmental assessment activities because of pending issues impeding the progress of the project.
Posted Friday, November 22nd, 2013 by SAMSSA
Throughout this four-part series, transportation infrastructure has been highlighted as one of the key issues — a host of aboriginal concerns is the other — that must be resolved in order for the Ring of Fire’s world-class mineral projects, conservatively worth about $60 billion and counting, to move forward.
Since Cliffs Natural Resources is a billion-dollar multi-national, it seems to have taken up all the attention or oxygen in the room when discussing transportation issues. I have often heard from a variety of mining and government colleagues that Cliffs has the money and size, so their proposal must be the right one.
Posted Thursday, November 21st, 2013 by SAMSSA
In Sudbury, when people hear about the Ring of Fire, they think of Cliffs Natural Resources and its plan to ship chromite from a mine in northwestern Ontario to a plant in Capreol for processing that would create between 300 and 400 local jobs. But we should remember that this proposal is only a “benchmark” scenario and that many issues still need to be resolved. As a result, the location of this facility could change.
Posted Wednesday, November 20th, 2013 by SAMSSA
Earlier this year, KWG Resources released a commissioned report by engineering consulting company Tetra Tech on the costs of a road versus a railroad in the Ring of Fire.
By way of background, KWG wants to build a railway to ship ore out of the Ring of Fire. It’s rival, Cliffs Natural Resources prefers a road. However, KWG has staked some of the land Cliffs needs for such a road. Cliffs appealed to the Mining and Lands Commissioner of Ontario to get access to the land, but lost — a decision it is now appealing.
Posted Tuesday, November 19th, 2013 by SAMSSA
On Sept. 10, Ontario’s Mining and Lands Commissioner set off a nuclear explosion in Ontario mining circles and announced that tiny Canadian-owned KWG Resources would not have to give American iron ore giant, Cliffs Natural Resources, access to its staked mining claims to construct a proposed road into the Ring of Fire.
In a proverbial David and Goliath bruising battle over a much sought-after route into Ontario’s newest mining camp, it was a precedent-setting sucker punch no one expected. The Mining Commission report started with an understatement of the century: “The North is not a quiet place.” And with good reason.
Posted Monday, August 26th, 2013 by SAMSSA
Often underestimated by many small and medium sized mining companies, innovation is one of the most important engines of growth.
The Sudbury mining and supply cluster members have not fully embraced the value proposition that Michael Porter has clearly described as essential for success.
I have become a disciple of Porter’s business model and have diligently looked for the appropriate ingredients including leaders to grow our important mining supply and service cluster in Northern Ontario during the past 10 years.
Posted Monday, July 22nd, 2013 by SAMSSA
The copper-nickel-PGM property being developed by Duluth Metals isn’t located in Northern Ontario.
You can’t even find it in Canada. But a recent Sudbury appearance by Duluth’s president and CEO, Vern Baker, attracted a packed house based on the potential it holds for Northern supply and service companies.
Posted Tuesday, March 26th, 2013 by SAMSSA
The Community Builders Awards of Excellence honours individuals and organizations in eight community categories including Economic Development. The Economic Development award goes to an individual or group that has had an important impact on the economic well-being of the community. They have chaired and led a committee, they have helped bring new business to town, […]
Posted Monday, March 4th, 2013 by SAMSSA
Sudbury Area Mining Supply and Service Association (SAMSSA) has represented mining excellence in Northern Ontario for the past decade. The $6.5-billion mining supply and services sector employs about 23,000 people in Northern Ontario yet, in many ways, until 2004, it was a hidden asset. “SAMSSA gave the (mining supply and services) sector a brand,” says […]
Posted Thursday, January 31st, 2013 by SAMSSA
This is an excerpt from the January 30, 2013 Canadian Chamber of Commerce Mining Report: Mining Capital: How Canada Transformed Its Resources Endowment Into a Global Competitive Advantage Sudbury has a century of history as a mining centre and over a dozen mines operating within city limits. Over the past decade, the Northern Ontario city […]