Mining

A northeastern Ontario quarry on Lake Superior has been given an approval by a provincial planning tribunal to start mining aggregate.

Arming themselves with homemade signs and Canadian flags, United Steelworkers Local 6500 Vale Inco employees in Sudbury walked off the job and onto the picket lines, 12:01 a.m. Monday.

Sudbury will become Vale Inco's centre of operations in Canada and the United Kingdom in a restructuring move that also resulted in cutting 140 white collar positions worldwide, including 54 in Sudbury.

After waiting three years, the first wave of funding for a study of Northern Ontario's mining supply and services sector has arrived that will ultimately propel the industry from obscurity to the forefront, said the head of a Sudbury manufacturers gr

Vale CEO Roger Agnelli has said the company's Sudbury Inco operation is the "highest-cost operation and it's not sustainable," according to reports from Bloomberg.

With a midnight July 12 deadline fast approaching, very little progress is being made at the bargaining table, according to a media release by the United Steelworkers Locals 6500 and 6200.

Vale Inco is warning its suppliers it is not responsible for costs incurred on equipment that may become locked on their property if a strike occurs. The warning was delivered by letter from Vale Inco contract administration.

Northgate Minerals Corp. (TSX:NGX) and the Matachewan First Nation signed an impact and benefits agreement on July 2 for the Young-Davidson project, located in Matachewan.

With local tensions running high in Sudbury as a result of ongoing management restructuring at Vale Inco, rumors have begun to grow surrounding the potential departure of John Pollesel, Vale Inco's new president of Ontario operations – rumors which a

Xstrata's proposed $40 billion merger with Anglo American may spur competing bids from Vale and China as rival miners compete for a deal to place them among the largest, according to Bloomberg sources.