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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: jackjc who wrote (12095)	5/26/2006 2:08:01 PM
From: E. Charters	Read Replies (1) of 78410

In 1982 Cominco American signed an agreement with NANA, regarding development of the deposit. Initial mine development began in 1986 and by November 1989 construction was complete. Operations and production began in December 1989. Facilities were expanded in 1998 and again in 2001. teckcominco.com Cominco process engineer Dawn Pumnea is in charge of the commissioning, which will be complete in October 2001. "We have done the best we could," said Pumnea in mid-September 2000. "With this schedule there will be things that will require creative solutions and adjustments." All tie-ins will be done during the normal scheduled shutdowns. "We will be turning the plant upside down, but will have to do it without production interruptions." Operating manager Tim Smith gives a lower key summation: "This is a $105-million capital expansion with two new generators and lots of increase in flotation. With a 35% return on investment, it's a no-brainer." He adds: "We may have to expand the mill again for the new deposit [Anarraaq]."

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