[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

DAM-L LS: NORANDA/El Pachon/3 hydro projects



----- Forwarded message from Monti Aguirre -----

Return-path: <irn-biobio-request@netvista.net>
Received: from noxmail.sandelman.ottawa.on.ca (nox.sandelman.ottawa.on.ca [192.139.46.6])
	by lox.sandelman.ottawa.on.ca (8.8.7/8.8.8) with ESMTP id PAA07260
	for <dianne@pophost.sandelman.ottawa.on.ca>; Wed, 24 Oct 2001 15:28:28 -0400 (EDT)
Received: from DaVinci.NetVista.net (IDENT:mjdomo@mail.netvista.net [206.170.46.10])
	by noxmail.sandelman.ottawa.on.ca (8.11.6/8.11.6) with ESMTP id f9OJT3E17682
	for <dianne@sandelman.ottawa.on.ca>; Wed, 24 Oct 2001 15:29:03 -0400 (EDT)
Received: [by DaVinci.NetVista.net (8.10.0/8.8.8) id f9OJN0504684
	for irn-biobio-list; Wed, 24 Oct 2001 12:23:00 -0700 (PDT)
	(envelope-from irn-biobio-request@netvista.net)]
Received: [from monti.irn.org (pt15.tcnh1.NetVista.net [206.170.46.174])
	by DaVinci.NetVista.net (8.10.0/8.8.8) with ESMTP id f9OJMqJ04669
	for <irn-biobio@netvista.net>; Wed, 24 Oct 2001 12:22:52 -0700 (PDT)
	(envelope-from monti@irn.org)]
Message-ID: <5.1.0.14.0.20011024122207.00a20840@pop3.norton.antivirus>
X-Sender: irnmonti/pop3.netvista.net@pop3.norton.antivirus
X-Mailer: QUALCOMM Windows Eudora Version 5.1
Date: Wed, 24 Oct 2001 12:23:35 -0700
To: irn-biobio@netvista.net
From: Monti Aguirre <monti@irn.org>
Subject: LS: NORANDA IS FINISHING EXPLORATION WORKS IN EL PACHON.
Sender: irn-biobio-request@netvista.net
Precedence: bulk

CHIP NEWS
October 24, 2001


--  NORANDA IS FINISHING EXPLORATION WORKS IN EL PACHON.
The Canadian mining company Noranda is finishing exploration
works in its El Pachon copper deposit - located in the Andean
border between Argentina and Chile - to determine the reserves
of the mining operation.
         According to a 1997 report by the Canadian mining company
Cambior and the Bolivian Minera S.A. (El Pachon's previous
owners), the deposit has reserves of 880 million tons of
mineral with a .62 percent assay value per ton of mineral.  The
works carried out by Noranda seek to actualize the reserves'
level.
         According to company sources, the US$900 million project
remains on schedule and won't be affected by low copper prices.
         Noranda acquired El Pachon in September after paying US$30
million to Cambior and Minera S.A.
         Noranda is concentrating investments in Latin America and
mainly in Chile, where it's developing a US$170 million
optimizing project for the Altonorte smelting plant and is set
to begin the Alumysa project, consisting of an aluminium
reducing plant and three hydroelectric facilities in southern
Region XI.


^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Monti Aguirre
Latin American Campaigns
International Rivers Network


-------------------------------------------------------------------------------------
To unsubscribe from this list, send a message to majordomo@netvista.net
with no subject and the following text in the body of the message
"unsubscribe irn-biobio".

----- End of forwarded message from Monti Aguirre -----