VOISEYS BAY
June 1st, 2001
BY MONICA DOBIE
THE LIKELIHOOD of Inco's Voiseys Bay, Labrador, nickel mine project going ahead has come a step closer with the company revealing plans to take on a partner. At a Canadian mining conference, Inco announced that it had bought out a group of shareholders in the project, giving it more control. It added that it was ready to involve another party in the project within the next six months. The Newfoundland government has refused Inco a license without guarantees that the ore would be processed in the province.
THE LIKELIHOOD of Inco's Voiseys Bay, Labrador, nickel mine project going ahead has come a step closer with the company revealing plans to take on a partner. At a Canadian mining conference, Inco announced that it had bought out a group of shareholders in the project, giving it more control. It added that it was ready to involve another party in the project within the next six months. The Newfoundland government has refused Inco a license without guarantees that the ore would be processed in the province.
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