March/April 2010

President's notes

On your marks, get set, grow!

By M. J. Allan

Welcome to the March/April issue of CIM Magazine. This latest edition explores the Canadian potash and uranium industries – both global leaders and powerful economic drivers in Western Canada and Saskatchewan in particular. Though their applications are vastly different, both of these commodities have the potential to fuel global growth for years to come. This issue, with the voices and perspectives from key industry players, gives focus to the potential opportunities and  challenges facing the two industries.

Thanks to each one of you who voted on and approved the new CIM by-law. With legislation in the works for non-profit societies in Canada, this was something CIM had to deal with, especially given that our by-law had not been updated since 1997. Having the new one in place means we are ahead of the curve and well prepared for the changes to come.

CIM’s Standing Committee on Reserve Definitions continues to provide technical input and advice to the Canadian Securities Administrators on proposed updates to National Instrument 43-101, the regulation that governs disclosure of mineral resource and reserve information for publicly listed companies in Canada. I`d like to take this opportunity to thank John Postle, on CIM`s behalf, for his diligent work as head of this committee for almost 20 years. John’s leadership has been instrumental in furthering this important work that benefits the entire industry. John recently announced that he will be stepping down. His replacement will be announced at the annual meeting in May.

Keep an eye out for the inaugural issue of CIM Journal. This new quarterly publication, developed to provide a place for CIM members to publish peer-reviewed papers in the fields of geology, mining, mineral processing and metallurgy, will arrive with the upcoming May issue of the magazine. You can find more details about the CIM Journal on page 67 of this issue.

As I write this, Vancouver is still basking in the afterglow of a historic and triumphant Winter Olympic Games. For those of you who will be here for the annual CIM Conference and Exhibition 2010 in May, I can promise that we in Vancouver will put on a show for you as good as we did for the Olympics (though we can’t promise the drama of an overtime finish).

Michael J. Allan, CIM President

Post a comment


PDF Version