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Nevada Chemicals' Joint Venture Company, Cyanco, Considers Calcium Cyanide Production at Winnemucca, Nev.


SALT LAKE CITY -- According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 John T. Day, president and chief executive officer of Nevada Chemicals Inc. (Nasdaq: NCEM NCEM Northwest Center for Environmental Medicine (Bellevue, Washington) ), in the Dec. 19 issue of the Chemical Market Reporter, a widely read, weekly chemical industry publication, the following was cited: "Cyanco is exploring the viability of producing liquid calcium cyanide calcium cyanide
n.
A gray or black compound, Ca(CN)2, used to kill insects and rodents.
 at its facility near Winnemucca, Nevada, where it already produces liquid sodium cyanide. Citing the abrupt and sustained increase in raw materials, Cyanco said it is investigating possible ways to help the local mining community control cost increases for the chemical. For years, calcium cyanide has been used to leach gold in South Africa, with gold recoveries essentially equivalent to sodium cyanide. In addition, some within the gold mining community report that the use of calcium cyanide as a lixiviant, rather than sodium cyanide, reduces the cost of rinsing and decommissioning Decommissioning is a general term for a formal process to remove something from operational status. Some specific instances include:
  • Ship decommissioning
See also:
 heap leach pads." E[acute accent]Today the cost of caustic soda caustic soda: see sodium hydroxide.
caustic soda

Sodium hydroxide (NaOH), an inorganic compound. The alkalies called caustic soda and caustic potash (potassium hydroxide) are very important industrial chemicals, with uses in the manufacture of
 (sodium hydroxide sodium hydroxide, chemical compound, NaOH, a white crystalline substance that readily absorbs carbon dioxide and moisture from the air. It is very soluble in water, alcohol, and glycerin. It is a caustic and a strong base (see acids and bases). ), a principal raw material in sodium cyanide, is four to six times more expensive than lime used in calcium cyanide. The price of caustic soda is highly dependent on the cost of energy and therefore reflects the recent increases in electricity and natural gas. Day cautioned that Cyanco has not made a decision regarding production of calcium cyanide but the ongoing study looks promising. E[acute accent]Nevada Chemicals Inc., through its 50% stake in Cyanco, a chemical producer of sodium cyanide located in Winnemucca, Nev., is the premier producer of strategic chemicals for the gold mining industry of the United States.

E[acute accent]Note: The foregoing contains "forward-looking" statements that are pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risks and uncertainties that may affect the company's business prospects and performance. These include, but are not limited to, economic, competitive, governmental, technological and other factors discussed in the company's reports to shareholders and periodic filings with the Securities and Exchange Commission.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 21, 2005
Words:333
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