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Gold/Mining/Energy : southern africa minerals -- Ignore unavailable to you. Want to Upgrade?

To: jpthoma1 who wrote (313)	2/17/2001 5:52:09 PM
From: jamesien	Respond to of 314

There's no emergency for Noranda to explore for the next body. Noranda already have Perseverance and Equinoxe, close to the surface and a few miles from the mill. Since that discovery, I think that they forgot Caber. I was a worker in that mill in 1995 and I learned that they milled ore from Breakwater's Estrades zinc mine (in Joutel area), with the small circuit. This mill usually work at 2000 tonnes per day and can reach 3000 tpd with that parallel circuit, added when Orchan Mine closed early in the eighties. With Bell-Allard producing and the new orebodies almost under Watson Lake (the waste reservoir of the Matagami mill) Noranda can already feed that mill at maximum capacity. So, I think that SAF must look for another base metals producer. It could be AUR or Breakwater. Billiton's Selbaie mine isn't too far they and could be interested too.