May 17, 2020

Caterpillar Inc. to open new mining division in Arizona

Caterpillar Inc.
Arizona mining
surface mining
mining
Dale Benton
1 min
Caterpillar Inc. will be creating the Surface Mining and Technology division in Arizona
Caterpillar Inc. has announced they are expanding their workforce with a new division in Arizona.

The Surface Mining and Technology Division offices, w...

Caterpillar Inc. has announced they are expanding their workforce with a new division in Arizona.

The Surface Mining and Technology Division offices, which will see hundreds of positions moved there from throughout the company, will bring a predicted $600million boost to the southern Arizona economy.

With a new division comes new jobs – over 600 new jobs will be created over the next five years, ranging from executive management to support roles.

Alongside  two other facilities already in the area, Tom Buth, Caterpillar vice president with responsibility for Surface Mining and Technology, believes the new division will bring forward the next generation of mining technology and leadership.

He said: “Southern Arizona is a growing region known for a workforce rich in mining, technology and engineering expertise, as well as an attractive quality of life for both families and young graduates”

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Jun 29, 2021

Vale invests $150mn to extend life of Manitoba operations

Vale
Nickel
Manitoba
battery metals
2 min
Vale’s $150mn investment in operations at Thompson, Manitoba will extend mine life by 10 years

Vale has announced a $150mn CAD investment to extend current mining activities in Thompson, Manitoba by 10 years while aggressive exploration drilling of known orebodies holds the promise of mining well past 2040.

Global energy transition is boosting the market for nickel

The Thompson Mine Expansion is a two-phase project. The announcement represents Phase 1 and includes critical infrastructure such as new ventilation raises and fans, increased backfill capacity and additional power distribution. The changes are forecast to improve current production by 30%.

“This is the largest single investment we have made in our Thompson operations in the past two decades,” said Mark Travers, Executive Vice-President for Base Metals with Vale. “It is significant news for our employees, for the Thompson community and for the Province of Manitoba.

“The global movement to electric vehicles, renewable energies and carbon reduction has shone a welcome spotlight on nickel – positioning the metal we mine as a key contributor to a greener future and boosting world demand. We are proud that Thompson can be part of that future and part of the low carbon solution.”

Vale continues drilling program at Manitoba

Coupled with today’s announcement, Vale is continuing an extensive drilling program to further define known orebodies and search for new mineralization.

“This $150mn investment is just one part of our ambitious Thompson turnaround story. It is an indicator of our confidence in a long future for the Thompson operations,” added Dino Otranto, Chief Operating Officer for Vale’s North Atlantic Base Metals operations.

“Active collaboration between our design team, technical services, USW Local 6166, and our entire Thompson workforce has delivered a safe, efficient and fit-for-purpose plan that will enable us to extract the Thompson nickel resources for many years to come.”

The Thompson orebody was first discovered in 1956 by Vale (then known as Inco) following the adoption of new exploration technology and the largest exploration program to-date in the company’s history.  Mining of the Thompson orebody began in 1961.

“We see the lighting of a path forward to a sustainable and prosperous future for Vale Base Metals in Manitoba,” said Gary Annett, General Manager of Vale’s Manitoba Operations.

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