Suppliers Roundup (June 28, 2004)

The Mining for Miracles Committee presents a cheque for $703,850 to the British Columbia Children's Hospital. The annual Mining for Miracles Gold Rush Fair and Celebrity Pie Throw, hosted by Vancouver-based Teck Cominco, raised $354,000. Some of the celebrities receiving pies included former Mining Association of British Columbia President Gary Livingstone, Western Keltic Mines President Donald McInnes, and Teck Cominco CEO David Thompson. A pie in Thompson's face raised $205,000. As part of the fundraiser, a $25,000 diamond was donated by BHP Billiton Diamonds and raffled. For more information about donations, e-mail Celina Sookachoff at celina.sookachoff@teckcominco.comThe Mining for Miracles Committee presents a cheque for $703,850 to the British Columbia Children's Hospital. The annual Mining for Miracles Gold Rush Fair and Celebrity Pie Throw, hosted by Vancouver-based Teck Cominco, raised $354,000. Some of the celebrities receiving pies included former Mining Association of British Columbia President Gary Livingstone, Western Keltic Mines President Donald McInnes, and Teck Cominco CEO David Thompson. A pie in Thompson's face raised $205,000. As part of the fundraiser, a $25,000 diamond was donated by BHP Billiton Diamonds and raffled. For more information about donations, e-mail Celina Sookachoff at celina.sookachoff@teckcominco.com

AMEC gets Phoenix contract

London-based engineering giant AMEC has won a contract to help develop Newmont Mining’s Phoenix gold mine in north-central Nevada. AMEC’s Vancouver, B.C., office is project leader.

AMEC will undertake engineering studies and eventually design and build the required facilities and infrastructure. The value of the contract was not disclosed.

Situated 18 km south of the town of Battle Mountain, the mine is slated to produce 400,000-450,000 oz. gold and 18-20 million lbs. copper annually over an expected life of 15 years. Production is scheduled to begin in early 2006. AMEC has been working with Newmont for five years on the US$205-million project.

AMEC employs 45,000 people worldwide, including 3,000 in Canada.

Teck selects Gekko for Pogo

Vancouver-based Teck Cominco has ordered a leach reactor from Gekko Systems for use at its Pogo gold project in Alaska.

Pogo will be developed as a 2,500-ton-per-day underground operation producing 350,000-500,000 oz. per year over 10 years. The reactor will treat gravity tailings at a recovery rate of 97%, based on initial tests.

The deposit consists of a quartz vein system containing disseminated sulphides, the primary sulphide being arsenopyrite.

The flowsheet, developed by Teck Cominco, was designed to minimize the impact of gold recovery. It consists of a semi-autogenous grinding ball mill, gravity concentration, intensive cyanidation, and sulphide flotation.

Situated 68 miles southeast of Fairbanks, the project is held 40% by Teck Cominco, 51% by Sumitomo Metal Mining, and 9% by Sumitomo.

Atlas Copco buys rental company

Atlas Copco’s Spanish unit has purchased Guimera, including its subsidiary SAMM.

Guimera rents industrial generators to mining companies and other industrial operations.

The combined companies had annual revenue of about US$20 million in 2003, and their workforce totals 132. The purchase price was not disclosed.

Guimera has a head office in Barcelona, plus seven retail outlets, mostly in the Catalonia region. The company also rents temperature control units, air compressors, welding and construction equipment.

SAMM, based in Tarragona, serves the petrochemical from two locations.

Guimera and SAMM will operate as part of the portable air business unit of Atlas Copco.

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