Inco shares dip as Voisey's Bay talks break off

Article Abstract:

Toronto, Ont.-based Inco Ltd. has ended negotiations with government officials in Newfoundland over a proposed $1 billion nickel mining operation. Inco, which lost share value upon news of the decision, acquired the Voisey's Bay deposit in 1995.

Sales, profits & dividends, All Other Metal Ore Mining, Ferroalloy ores, except vanadium, Nickel Ores, Natural resources, N, Newfoundland and Labrador, Iron industry, Nickel industry

---

Zemex considers dividend

Article Abstract:

Industrial minerals recycling firm, Zemex Corp. considers paying a dividend.

Capital expenditures, All Other Nonmetallic Mineral Mining, Miscellaneous nonmetallic minerals, Nonmetal Minerals NEC, Mineral industry, Nonmetallic mineral deposits, Zemex Corp., ZMEXW

---

Inco gets environmental panel's blessing on Voisey's Bay project

Article Abstract:

Inco Ltd has received approval from an environmental review panel to proceed with its C$1.1 billion nickel and copper project in Voisey's Bay. The project, however, will still need the approval of the federal and provincial governments as well as the aboriginal groups involved. The mine site on the east coast of Labrador is expected to generate 570 jobs during construction, 420 jobs during open-pit mining and 950 jobs in the underground phase of mining.

Similar abstracts:

• Abstracts: Native groups, environmentalists align against lumber free trade. Canada aims to avoid U.S. lumber war
• Abstracts: Income tax cuts urged to offset Katrina's effect on big provinces. U.S. to kill tax break scheme
• Abstracts: Church groups urge audit of Talisman's code of ethics compliance. Talisman divestment campaign unpopular
• Abstracts: Internal audit sheds little light on $850-million CIDA offshoot. Canadian spies revolt over wages
• Abstracts: TCPL says demand exists for two natural gas pipelines in north. Gas demand could spark two pipelines

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.