Vale shares mining industry plans for Greater Sudbury at chamber luncheon
The Greater Sudbury Chamber of Commerce hosted a luncheon in Sudbury on Thursday with mining giant Vale as the primary focus.
More than 100 people in the industry attended the event at the Holiday Inn.
Gord Gilpin, head of local Vale operations, was the guest speaker. He said, with the prevalence of battery electric vehicles on the rise, the industry has a bright future.
GREAT NEWS FOR SUDBURY
“Given the energy transition that’s going around the world, how it’s driving the demand for battery electric vehicles and in order to get that, what we have at Vale is the base metals to build that, most specifically nickel,” Gilpin said.
“For Sudbury, it’s great news.”
Some highlights of the presentation included Vale’s ongoing commitment to responsible mining and Indigenous communities. There were also discussions about the plan to deepen the Creighton Mine and a partnership with Laurentian University’s Mirarco to invest in biomining.
“I see a bright future ahead for the community,” Gilpin said.
This year, Gilpin told the crowd, Vale has invested $67 million in mining exploration in Sudbury. It’s part of a five-year $125 million dollar investment in mining in Canada.
“Exploration is basically filling our pipeline of mines in the future,” Gilpin said.
“Mines do have a finite life, we’re very fortunate here in Sudbury we’ve had some operations going on for over a hundred years, but mines do come to an end of life and we do need to fill the pipeline.”
The chamber of commerce said Vale’s proposed future plans sound promising.
“I’m very hopeful for the employees that work at Vale and the mining supply companies that rely on them for their businesses as well,” said Geoff Hatton with the chamber.
- Download our app to get local alerts on your device
- Get the latest local updates right to your inbox
SUDBURY SKYLINE TO BE FOREVER CHANGED
In terms of when the Superstack will be taken down, Gilpin said it’s too early in planning to answer that question.
“As time progresses, that date gets a little closer,” he said.
“We’re still at an early stage project answering that questions, but I would say stay tuned and you’re likely to see some changes in the skyline sometime in the future, not too far away.”
CTVNews.ca Top Stories
Prince Harry gets his day in court against tabloids he accuses of blighting his life
Prince Harry entered a courtroom witness box Tuesday, swearing to tell the truth in testimony against a tabloid publisher he accuses of phone hacking and other unlawful snooping.

Feds warn 2023 on track to be the worst fire season ever seen in Canada
Canada's emergency preparedness minister says images of wildfires burning across the country are some of the most severe ever witnessed in Canada and the current forecast for the next few months indicates the potential for continued higher-than-normal fire activity.
Canadian parents being stretched thin saving up for children's education: survey
Many Canadian parents are stretching themselves thin — even going as far as to postpone their retirement in some cases — in order to help pay for their children’s education, according to a new survey.
Ukraine dam collapse triggers emergency, Moscow and Kyiv trade blame
The wall of a major dam in a part of southern Ukraine that Moscow controls collapsed Tuesday, triggering floods, endangering Europe's largest nuclear power plant and threatening drinking water supplies as both sides in the war rushed to evacuate residents and blamed each other for the emergency.
Multiple investigations underway after B.C. woman’s suspicious death in Australia
Police in Australia are investigating the suspicious death of a woman who used to live in Surrey, BC, after her body was found in her apartment on the outskirts of Sydney.
Canada's housing market sees largest improvement in affordability in four years: National Bank
Canada’s housing market saw the largest improvement in affordability in nearly four years in the first quarter of 2023, according to a report from economists at the National Bank of Canada.
Torontonians making more than $236K need to save for about 25 years to buy a house in the city: report
It will take Torontonians who make over $236,000 per year about 25 years to save for a down payment on a house, according to a new housing affordability report. But, the report also notes the real estate market is seeing improvement in affordability.
5 things to know for Tuesday, June 6, 2023
Officials warn 2023 is on track to be the worst fire season ever seen in Canada, smoke and haze makes air quality poor across the country, and the federal prison service is reconsidering its decision to move Paul Bernardo to a medium-security jail.
Credit card balances increase in first quarter as mortgage market slows: Equifax
Equifax Canada says credit demand was high in the first quarter of the year while the mortgage market saw a significant slowdown.