That’ ho Camec brough Sta Lak int productio a rat o 22 to n pe da a capita cos o les tha $1 million says M.F. Lindsay, gen eral manager of mine development.
Althoug smal mine a $17 (US pe o i wa amon th lowes
cos gol producer i Canad befor closin lat las year after
exhausting it s ore reserves.
Applyin thi sam principl t operations Lindsa i responsibl fo brinin tha bi corporation’ ne project throug th developmen
stag t production Thi currentl includes two gold, a uranium and a base metal project.
Born and raised in a Saskatchewan farming community, he graduated from the University of Saskatchewan in 1966 with a bachelor degree in mining engineering. He has had 23 years of varied underground mining experience, including four years in uranium, two in potash, five in base metals and 12 years in Canada’s gold industry, most recently at Star Lake. Lindsay joined Cameco in November, 1985.
The Cameco company, formed through the amalgamation of Saskatchewan Mineral Development Corp. and Eldorado, is owned 61.5% by the Saskatchewan government and 38.5% by the federal government, but is to be privatized through a series of share offerings over the next seven years.
** Claddagh trades on VSE after amalgamation **
Shares of Claddagh Gold Ltd. (VSE) were listed for trading recently on the Vancouver and Montreal stock exchanges.
Based in Toronto, Claddagh is the result of an amalgamation involving junior explorer Jamex Resources (ME) and affiliate Dungannon Exploration (VSE).
Among its assets, Dungannon holds a 50% stake in a Sierra Cty., Calif., gold-silver prospect and a Northern Ireland base metal property which it shares equally with Jamex.
Shareholders of Jamex and Dungannon are scheduled to receive one share of Claddagh for each share of Jamex or Dungannon held Aug 9.
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