Cambior - Official Inauguration of the Gonzague Langlois Mine.MONTREAL, Quebec--(BUSINESS WIRE)--June 21, 1996--Cambior Inc. is pleased to announce that Friday it officially inaugurated the Gonzague Langlois Mine, located near Lebel-sur-Quevillon, Quebec and formerly known as the Grevet mine. The event took place before 250 guests that included representatives of both levels of government, numerous dignitaries and representatives of the mining industry. Cambior took the opportunity to pay tribute, posthumously post·hu·mous adj. 1. Occurring or continuing after one's death: a posthumous award. 2. Published after the writer's death: a posthumous book. 3. , to Mr. Gonzague Langlois, a pioneer of the Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. mining industry as we know it today, and a former member of Cambior's board of directors. A mining engineer by training, Gonzague Langlois devoted most of his life to the mining industry, both in terms of know-how and the grouping of common strengths and interests. "He was a person who became totally involved, who acted out of passion. He was like a rock. He either liked something or he didn't...", his wife, Therese Langlois, told us. This deposit was put into production at a cost of Cdn $90 million. It entered into commercial production in the first quarter of this year and will provide employment for 200 people, in addition to other important economic spin-offs for the Lebel-sur-Quevillon region. The mine is expected to produce annually 62,000 tonnes of zinc zinc, metallic chemical element; symbol Zn; at. no. 30; at. wt. 65.38; m.p. 419.58°C;; b.p. 907°C;; sp. gr. 7.133 at 25°C;; valence +2. Zinc is a lustrous bluish-white metal. It is found in Group 12 of the periodic table. , 3,000 tonnes of copper, 700 ounces of gold and 313,000 ounces of silver from 910,000 tonnes of ore. Mining reserves at the Gonzague Langlois mine stand at 11 million tonnes grading 8.41 percent zinc, 0.46 percent copper, 37.0 g/t silver and 0.1 g/t gold. The mine has a life of over 12 years. Cambior is a major gold producer with operations and exploration activities in North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . Cambior's shares and warrants are listed on the Montreal, Toronto and American (AMEX AMEX See: American Stock Exchange ) stock exchanges under the symbols CBJ CBJ Columbus Blue Jackets (NHL team) CBJ Central Bank of Jordan CBJ Conflict-Directed Backjumping CBJ Circuit Board Jack CBJ Code-Breakers Journal CBJ Class Broker for Java CBJ Color Bubble Jet and CBJ.WTA WTA Washington Trails Association WTA Women's Tennis Association WTA World Transhumanist Association WTA Willingness to Accept WTA Winner-Take-All WTA Winner Takes All WTA World Toilet Association (Singapore) . CONTACT: Cambior Inc. Henry A. Roy Senior Vice President, Administration and Finance and Chief Financial Officer 514/878-3461, 514/878-4608 (fax) Internet: http://www.cambior.com or Cambior Inc. Robert LaValliere Manager, Investor Relations Investor relations The process by which the corporation communicates with its investors. 514/878-1282, 514/878-3324 Internet: http://www.cambior.com or Cambior Inc. Victoria Putnam Assistant Manager, Investor Relations 514/878-3166, 514/878-0635 (fax) Internet: http://www.cambior.com |
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