QUEBEC GOVERNMENT THROWS ANOTHER LIFELINE TO ASBESTOS PROJECT
August 1st, 2011
BY MJ DESCHAMPS
The Québec provincial government has decided to grant yet another funding
extension to the consortium of investors trying to breathe life back into one
Canada's last remaining asbestos mines.
Guy Versailles, spokesman for the Jeffrey Mine in Asbestos, Québec, said that he
is "confident" that the financing needed to go ahead with the planned
underground expansion of the mine will be in place by 1 October.
The original deadline had been set for 15 August.
Canadian-based private import-export firm Balcorp Ltd. ...
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