Nicolet Minerals Co.
formed to replace Crandon Mining
WISCONSIN NEWS FLASH
Nicolet Minerals Co. formed to replace Crandon Mining Co.
Relayed by Zoltán Grossman, Wolf Watershed Educational Project, c/o Midwest Treaty Network, P.O. Box 14382, Madison, WI 53714-4382 USA. Hotline (800) 445-8615 Tel/Fax (608) 246-2256 E-mail: email@example.com Web page: http://treaty.indigenousnative.org/wwep.html
120 Adelaide St. W, Ste. 2600
Toronto, Canada M5H 1W5
Tel (416) 367-4000; fax (416) 365-6870
Web site: http://www.rioalgom.com
Corey Copeland, Vice President
Corporate Affairs, (416) 365-6863 or
Dale Alberts, Public Affairs
Nicolet Minerals Company (715) 478-3393
For release: January 29, 1998
RIO ALGON ANNOUNCES FORMATION OF NICOLET MINERALS COMPANY
Crandon, Wisconsin--Rio Algom Limited announced today that a new entity, the Nicolet Minerals Company, will be established to develop and operate the Crandon mine project.
"This is a new company with a new approach," said Pat James, President and Chief Executive Officer of Rio Algom Limited. "We are going to work with the people of Wisconsin to build a mine that everyone can be proud of."
Nicolet Minerals Company derives its name from Jean Nicolet, a French-Canadian explorer who in 1634 became one of the first Europeans to see Lake Michigan and stand on Wisconsin soil.
"I am also pleased to announce that Donald Cumming will be the new President of the Nicolet Minerals Company effective immediately," said James. "Don brings over 30 years of invaluable experience in underground mining to the project, and under his leadership it will become an important asset for the State of Wisconsin."
Prior to today's announcement, Mr. Cumming held the position of Executive Vice-President, Mining Operations at Rio Algom Limited, with responsibility for the company's mining activities in North and South America.
"I look forward to listening and talking with our neighbors to build and operate a mine that will be a model of environmental stewardship," said Cumming. "Moreover, I want to reiterate our commitment to hire local people, which is good for the community and provides a stable workforce."
Cumming stated that the company anticipates issuance of all necessary state and federal permits in the next two years and will commence construction shortly thereafter.
Today's news followed an announcement last Friday by Rio Algom that it had acquired 100 percent of the Crandon project, establishing the company as the sole owner and operator.
Rio Algom Limited is a major Canadian mining and exploration company active in copper, molybdenum, uranium, coal, gold, silver, and zinc with production in North and South America. It also operates metals distribution businesses in North America which source and distribute a wide variety of specialty metal products.
DONALD A. (DON) CUMMING PRESIDENT, NICOLET MINERALS COMPANY
Don Cumming was born in Ontario and graduated from the South Dakota School of Mines and Technology in 1966. Following positions at Inco in Ontario, Magma Copper in Arizona, and Sunshine Mining Co. in Idaho, Don joined Rio Algom's Elliot Lake Uranium Operations as Underground Superintendent in 1973.
He was appointed Vice President, Production at Potash Corporation of America in 1986. In 1987, he was appointed President of the Elliot Lake Division of Rio Algom where he led the design and engineering of the remediation of Elliot Lake and Serpent River and continued his work on the decommissioning of Elliot Lake operations when he was relocated to Toronto as Vice President, Environment & Technology in 1989.
In June of 1991, Don became Executive Vice President, Mining Operations, with responsibility for Rio Algom's mining divisions and partnerships. He was appointed President of Nicolet Minerals Company in January 1998.
RIO ALGOM OPERATIONS AROUND THE WORLD
INFORMATION ON TRACK RECORD OF RIO ALGOM
The Elliot Lake uranium mines caused the deaths of dozens of Ontario miners in the 1950s-70s (members of the United Steelworkers) from silicosis and lung cancer, the poisoning of the Serpent River downstream and its Ojibwe community.
Serpent River Ojibwe band councilor Keith Lewis testified on Rio Algom's Elliot Lake uranium mines. He said the Serpent River used to be one of the greatest sturgeon producing rivers in the province, but that ancient fish has all but disappeared due to radioactive and heavy metal poisons from the mines, and the only reason walleye are still present is that the river is stocked for sportsmen. Lewis testified that he is one of many former Elliot Lake miners who now have serious health problems such as asthma, bronchitis, or cancer. The provincial Health Ministry admits the miners' lung cancer rates are 300 to 500 percent above that of the normal population. Rio Algom is also on the Survival International Top Ten list, because of its Elliot Lake uranium mines. Lewis testified that the company blasted a spiritual site, and added, "They have given money to the white municipalities which have a larger population... They say to the people of Serpent River who live downstream.... you people are crazy. "In Nova Scotia, Rio Algom has still not cleaned up its East Kemptville tin mine, posing a threat to the multi million dollar lobster industry.
EPA SEEKS PUBLIC COMMENT ON NEW NATIONAL ZINC
WASTE FERTILIZER RULES