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Gold/Mining/Energy : Tahera Corp (TAH)
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To: Wonder Boy who wrote (143)11/3/1999 11:35:00 PM
From: Donald McRobb  Read Replies (1) of 239
 
This kind of news should be good for all the Diamond plays up north...

Minister of the Environment, David Anderson, has concluded that with the implementation of all of the mitigation measures identified in the comprehensive study
report, the proposed Diavik diamond project is not likely to cause significant adverse environmental effects. The Minister also concluded that public concerns do not
warrant further environmental assessment of this project by a review panel. The next step in this process is a regulatory phase whereby the appropriate licences,
permits and agreements are provided so that the development of the project is done in an environmentally sound manner, based on the Minister of the Environment's
determination and the recommendations and conclusions in the comprehensive study report. These requirements will be met through the terms and conditions of the
project's water licence, land lease, Fisheries Act authorization, explosives licence, Navigable Waters Protection Act permit and the environmental and
socio-economic agreements. The Diavik project is a proposal by Rio Tinto and Aber Diamond Mines Ltd. to mine four diamond deposits in the Lac de Gras region
about 300 kilometres northeast of Yellowknife, NWT. The projected mine life is expected to be 16 to 22 years. The operating phase is expected to employ about
400 people. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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