HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Wishful thinking for RoF Infastructure Money, but hoping for at least a mention in the Budget 2017

 

Below is the link showing the proposal to the Essar Algoma  union steelworkers 2251..

http://www.usw2251.ca/document/news/410/Company%20Discussion%20Proposals%20January%2018,%202017.pdf

On page 7 you will notice the following:

Company Proposal #23 Update and amend the current Hourly Wage Scales detailed in Article 15.03.10 to reflect a 10% reduction from the rates in effect at the time of the conclusion of bargaining.

 

On page 9 you will notice the following:

Company Proposal #34 Establish a 5 year term for the renewed collective agreement. This duration is required to allow the Company a period of labour stability as it addresses several significant issues including the impending blast furnace reline and the anticipated major capital upgrades

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what kind of major capital upgrades are anticipated by the company  ?

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From 2010..

https://www.northernontariobusiness.com/regional-news/sault-ste-marie/could-sault-be-site-of-ring-of-fire-processing-367150

"Strapp said by the time the companies start to build mines, “the Sault will be positioned to put steel and chromite together for an industry here.”

Cliffs officials have chided him for not being an outspoken community player, but the Cleveland-based global miner is well aware of Essar Steel Algoma and their future multi-billion-dollar investment plans for the city, said Strapp.

With service connections from two railroads (including a direct link north to Hearst), port facilities, large business-to-business support, and the existence of a major steel plate and sheet mill, Strapp said the Sault has many pieces in place that “no one else has.”

Strapp said Nakina in northwestern Ontario or Timmins would be likely places for a metallurgical site for McFauld’s Lake ore, but the Sault is ideal to handle processed chromium (ferrochrome) to make stainless steel which would compliment Essar’s operations.

What we want is the value-added stainless steel.

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There would be a capital investment needed to make value added stainless steel.

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But this stainless steel making business would be new for the Sault and for Ontario would we not need to bring in skilled managers to get this rolling??

From last year...

https://www.sootoday.com/local-news/local-chamber-of-commerce-wants-to-bring-in-more-foreign-managers-286799

"The Sault Ste. Marie Chamber of Commerce is calling for expansion of Canada's temporary foreign worker program to allow expedited recruitment of foreign managers for companies experiencing rapid growth.

Rory Ring, the chamber's executive director, says there's a skills gap at local companies looking to commercialise products for the global market and a special 'scale-up' visa is needed to address it.

"We have a demand for particular type of talent," Ring says. "The labour market supply for that talent is either not fully developed yet or is under development, or we're just not able to source it from a local marketplace."..........

 

 

 

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