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Summer 2017

Vale closing Birchtree Mine
Vale announced in a letter to its employees that it’s placing it Birchtree nickel mine in Thompson, Manitoba on care and maintenance in early October. The Thompson Citizen reports the closing will see about 150 employees being cut and up to 50 additional jobs in downstream processing, service and support functions will also be affected.

The shuttering of the small mine in operation since 1968 will result in a 6,000 tonnes a year reduction in nickel output from Vale’s operations in Manitoba, but the company is also investing $100 million to upgrade the Thompson mining complex.

The move is blamed on a weak nickel price (down 22% from its November highs).

 

Summer 2017 News:
• First Nations sign Shared Territory Protocol Agreement
• Forestry, Paper, and Packaging M&A activity off to a strong start in ‘17
• Forestry sector sees opportunities in budget
• Deloitte and NORCAT partner to explore future of mining technology
• Vale shutters Sudbury mine
• Callinex completes drilling at Pine Bay 
• EACOM announces full acquisition of Anthony-EACOM

• Noront and First Nation sign advanced agreement
• Cementation Canada Big Winner at #DisruptMining
• Forest sector partners with Canada’s municipalities
• Vale closing Birchtree Mine
• Increase lumber imports from overseas in 2017
• Forestry industry applauds Ottawa’s response to softwood duties
• TMAC Resources announces commercial production at Doris Mine and Mill
• Multiple high-grade lithium pegmatites intersected at Ontario’s Mavis Lake Project

 

 
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