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To: craig crawford who wrote (811)9/23/2001 6:50:16 PM
From: craig crawford  Read Replies (1) | Respond to of 1643
 
Teck-Cominco and its Trail union still not talking
biz.yahoo.com

Friday September 21, 6:36 pm Eastern Time

VANCOUVER, British Columbia, Sept 21 (Reuters) - Teck-Cominco Ltd (Toronto:TEKb.TO - news) and unionized workers at its Trail, British Columbia, lead smelter and zinc refinery complex are still not talking, but a company official said on Friday that was not expected to delay the facility's planned restart.

The company has also received safety regulators' permission to resume repair work on the furnace area of the lead smelter. The work had been on hold since August, when more than 60 contract worker were exposed to toxic thallium.

The halting of repair and maintenance work while officials investigated the incident will force the company to delay restarting the lead smelter portion of the plant until Nov. 1, one month later than scheduled, spokesman Richard Fish said.

The zinc processing side of the facility will resume 100 percent production on Oct. 1, having been shut down for the third quarter to allow Teck-Cominco to sell electricity to the United States from the complex's hydro power plant, Fish said.

Fish said that although zinc prices remain depressed the company decided to resume production at full capacity because power prices in the Pacific Northwest are not high enough to warrant selling the electricity rather than using it for refining.

Teck-Cominco and its nearly 1,500 unionized workers remain at odds over a variety of issues, including money The company says low zinc prices require it to reduce operating costs, but the union has argued the market problems have been overstated.

The two sides last met in June and Fish said no new talks are planned. The union's contract expired at the end of May, but union officials have said they have no intention of calling a strike. Fish said the company had no plans to institute a lock-out.



To: craig crawford who wrote (811)9/23/2001 7:17:28 PM
From: Claude Cormier  Read Replies (1) | Respond to of 1643
 
<The government estimates in the mountain alone, not to mention rich veins which crisscross the region, 266 million ounces of silver could be mined during the next 25 years.
>

No big deal.. that is 10 millions ounces a year.