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Re: Lone Clone post# 997

Wednesday, 09/19/2007 12:34:41 PM

Wednesday, September 19, 2007 12:34:41 PM

Post# of 14646
General Manager Of Kemess Says Gold and Copper Prices Will
Stay High

By 250 News
Friday, September 07, 2007 04:00 AM



The General Manager of the Kemess Mine -
North of Mackenzie says his company
will be out of ore by September or
October of 2010.

Maurice Ethier says "We have two and half years to get it
togther or we stand to lose the 375 workers who are
employed at the mine."

Losing the workers would be a major set back says Ethier
"We could keep perhaps 60 or 70 workers going in the
reclamation process, but we then would still need to
let 300 workers go.

How do you get these kind of workers back in today’s market,
I can safely tell you, that would be a very tough job."

Ethier says Kemess has been trying to get through the hoops
for the new project which will cover an area about
1 kilometer by two kilometers , "We are not talking about
a large piece of ground here" he said.

According to Ethier, the new mine would extend the life of
the present site by about 11 years.

At present, the company trucks its ore concentrate
to Mackenzie where it is shipped by rail to Quebec
for final smelting.

The company now employs just over 370 people with the
workers coming from all over BC "We have workers from
Fernie, Kamloops, Kelowna, Williams Lake, and
the Bulkley Valley."

These workers he said earn about $100,000 dollars a year
and generally work two weeks in and then have two weeks out.

Ethier says the markets remain strong "Our prediction
is that the price of Gold and Copper will remain high over
the next few years and we see the new Kemess project as
a great opportunity to develop industry in this province."
--

The Mining Association of British Columbia believes
this ruling seriously calls into question the Canadian
environmental assessment process, and not just as it
applies to mining.

This ruling sends a poor message to the international
investment community and implies that matters that
are political in nature and not specifically relevant
to environmental assessment can undermine the process.

In the future, it can be expected that, without significant
changes, industry will look upon panel hearings as
potential political roadblocks rather than opportunities
for a balanced view of good science.

For more information, please contact

The Mining Association of British Columbia
Michael McPhie
President & CEO
(604) 681-4321 ext 120 or
Cell: (778) 772-0528
Email: mmcphie@mining.bc.ca

or

The Mining Association of British Columbia
Gavin C. Dirom
Senior Director, Environment, Health & Safety
(604) 681-4321 ext 116 or
Cell: (778) 233-6459
Email: gcdirom@mining.bc.ca

Website:
http://www.mining.bc.ca
----

NXG Northgate Gold mining - compared to gold bullion price -




Got NXG Gold Safety -
http://www.northgateminerals.com
Imo. Tia.
God Bless





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