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Gold/Mining/Energy : Inco-Voisey Bay Nickel [ T.N.V] -- Ignore unavailable to you. Want to Upgrade?

To: 1king who wrote (181)	2/19/1998 10:38:00 PM
From: Winer	Read Replies (2) \| Respond to of 1615

CBC Regional News Wednesday, February 18, 1998 AM NEWS Premier Brian Tobin's frustration over its relationship with INCO briefly came to the surface yesterday. Tobin was speaking at a news conference held to officially announce the startup of the Terra Nova oil project. The premier was asked if he felt the province was able to negotiate all the economic benefits it should have. TOBIN CLIP: "It has been a pleasure to do business with these gentlemen. They make their case clear and direct. We make our case clear and direct and I think we find common ground. Just this morning I was suggesting there may be opportunities for them in the nickel business. They generally do what they say they're going to do. And they do it on time and without amendment." Tobin says the province and the Terra Nova partners have had some tough negotiations, but they've always been very professional and businesslike. The province's relationship with INCO has not gone as smoothly. The company does not want to build the planned smelter for Argentia, as it committed itself to doing a year and a half ago. ----------------------------- INCO doesn't plan to repeat the environmental mistakes it made in Sudbury, as it develops the Voisey's Bay project in Labrador. That's according to an INCO official who was a guest speaker at a conference on the environment in Sudbury yesterday. Dan Lessard has that story. LESSARD REPORT: Charlie Ferguson is INCO's vicepresident of environment and health. He told a conference in Sudbury that if the company is careful in what it does at Voisey's Bay, it will avoid the environmental damage caused in Sudbury over the years. To do that, Ferguson says the company is taking a "cradle to grave" approach to developing the Voisey's Bay mine... FERGUSON CLIP: "When those who developed Sudbury at the turn of the century, they didn't have the end in sight. When we develop the new property we have to plan it from beginning to end." Ferguson says an important part of that process is paying attention to what he calls "traditional ecological knowledge." In other words, what the area's native people know about the land and habitat. Ferguson says in some cases, that knowledge may be the law the company will follow. Ferguson says the only thing that should be left over from the Voisey's Bay mine, when it shuts down, is an open pit and a tailings pond. Inco hopes to receive final environmental approval for Voisey's Bay mine toward the end of the year. That will pave the way for construction to start in the spring of 1999. Dan Lessard, CBC News, Sudbury