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By Robin Phinney

Certain statements in this presentation may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, pe1formance or achievements of the Corporation, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this presentation, such statements use such words as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate" and other similar terminology. These statements reflect the Corporation's current expectations regarding future events and operating performance and speak only as of the date of this presentation. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessa1ily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward looking statements including, but not limited to, the factors discussed in the Corporation's annual information form filed on March 9, 2011. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the failure to obtain necessary regulatory approvals, including environmental approval, the failure to secure full project financing, the failure to implement the recommendations set out in the Technical Report, the failure to raise financing to implement the recommendations in the Technical Report, risks associated with the mining industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to production, reserves and resources, costs and expenses; and health, safety and environmental risks), decrease in potash prices and exchange rate fluctuations. Although the forward-looking statements contained in this presentation are based upon what management of the Corporation believes are reasonable assumptions, the Corporation cannot assure shareholders that actual results will be consistent with these fonvard-looking statements. These fon\?ard-looking statements are made as of the date of this presentation and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Corporation assumes no obligation to update or revise them to reflect new events or circumstances. This presentation is a market update based on the Corporation's public disclosure and does not form a part of any offer of securities, or constitute a solicitation of any offer to purchase or subscribe for securities. Any purchase of securities in the company should be made solely on the basis of information contained in the Corporation's public record which is available on www.sedar.com .

May 1, 2013

By D. E. Barnett

"Paramount to sound aggregate resource management is an awareness of what resources exist. For the past six years, New Brunswick has been conducting granular aggregate resource inventories in and around urban centres as a means of documenting, both qualitatively and quantitatively, these resources.These aggregate studies require extensive ground truthing due to the often small nature of the surficial feature s as well as extensive foliage. Approximately 35% of the province's land mass has been mapped at a 1:50,000 scale as part of this on-going program. Reports are published annually and include data on size analysis, lithology soundness, abrasion and absorption.Aggregate deposits in New Brunswick frequently reflect the local bedrock lithology and, whereas much of New Brunswick is underlain by soft, friable sandstone of Pennsylvanian age, it is necessary to transport aggregate for higher-specification use considerable distances. Alternatively, the construction industry must turn to crushed stone as a source of asphaltic or concrete aggregate.Over 40% of New Brunswick's land mass is owned by the Crown, and aggregate resources are managed under the Quarriable Substances Act. Under this legislation, permit applications are reviewed by a Land Management Advisory Committee which consists of representatives from the various government departments involved.IntroductionSurficial materials either directly or indirectly form the basis of much of our economic activity, whether it is the field of agriculture, forestry, manufacturing, construction or other. Although sand and gravel have been produced and used since the day s of early settlement, the economic significance attached to such materials has only recently been recognized by both government and the general public."

Jan 1, 1982

By C. W. Hancher, B. D. Patton, W. W. Pitt

"There are a number of nitrate-containing wastewater sources, as concentrated as 30 wt % NO3 and as large as 2000 m3/day, in the nuclear fuel cycle. The biological reduction of nitrate in waste water to gaseous nitrogen, accompanied by the oxidation of a nutrient carbon source to gaseous carbon dioxide, is an ecologically sound and cost-effective method of nitrate waste disposal. These nitrate-containing wastewater sources can be successfully biologically denitrified to meet discharge standards in the range of 10 to 20 g N(NO3-)/m3 by the use of a fluidized bed bioreactor. The denitrification bacteria are a mixed culture derived from garden soil; the major strain is Pseudomonas. In the fluidized-bed bioreactor, the bacteria are allowed to attach to 0.25- to 0.50-mm-diam. coal fluidization particles, which are then fluidized by the upward flow of influent wastewater. Maintaining the bacteria-to-coal weight ratio at approximately 1:10 results in a bioreactor bacteria loading of greater than 20,000 g/m3,This paper describes the results of a bio denitrification R&D program based on the use of fluidized bioreactors capable of operating at nitrate levels of up to 7000 g/m3 and achieving denitrification rates as high as 80 g N(N03-) per day per litre of empty bioreactor volume. IntroductionThe discharge of wastewater containing nitrate at concentrations greater than stipulated by the Environmental Protection Agency (EPA) creates an environmental hazard and constitutes a civil and/ or criminal legal liability.(I.2) At present, we have three options: (1) recycle and reuse of nitrate streams the total economic and technical balance should be Closely examined; (2) use of an alternative acid, which may pose an entirely different set of problems ; or (3) disposal of nonreusable nitrate sources by an environmentally acceptable procedure."

Jan 1, 1980

By P. Cleyle, K. McDermott, M. Hall, C. A. Harris

"This paper describes the implementation of an expert system for monitoring and control of the NO. 4 autogeneous mill and spiral circuits at Wabush Mines.This process control system incorporated the mill operating expertize of Wabush Mines operating personnel and was implemented to improve spiral iron recovery and mill productivity by:1. Continuously monitoring the mill power draw and ensuring that the mill feedrate is regulated to prevent damage to the mill motor, while simultaneously maintaining the feedrate at or as close as possible to the maximum feedrate determined by the process supervisor.2. Improving control over the spiral density and feed rate.3. Improving control over both tbe rougher and cleaner wash water.4. Reducing the frequency with which pumps are plugged.5. Allowing modifications to be made easily and quickly to test various operating strategies.This system was installed using COMDALE/C, a real-time Expert System for Process Control. It was readily accepted by the process operators and produces higher production performance in comparison to the other 5 parallel mill lines at a lower power draw."

Jan 1, 1992

By Grant D. Nicholas

This paper compares an integrated evaluation approach to decision-making with more traditional sensitivity analysis and Monte Carlo simulation. The primary objective is to highlight the differences in NPV that can arise from using these evaluation methods in a top down and bottom-up approach. Results from three resource scenarios, derived from sampling a "virtual" ore body (reality) on grid spacings of 75m, 50m and 25m, are analyzed and compared.

May 1, 2007

By V. I. Birss

Planar solid oxide fuel cells (SOFCs) offer great promise as stationary power generation devices, primarily due to their flexibility in terms of fuels, high energy conversion efficiency (when both electricity and heat are captured), and their relatively low fabrication costs. However, the anode performance can be compromised by such factors as exposure to certain sulfur-containing fuels and the deposition of coke when using hydrocarbon fuels. In terms of the cathode, its performance is limited primarily by the slow kinetics of the oxygen reduction reaction, while its lifetime can be negatively affected by factors related to the corrosion of currently used stainless steel interconnect materials. This talk will present an overview of these challenges and some possible solutions to these problems. The presentation will also focus on how electrochemical methods can be used to evaluate and improve the performance of SOFC anodes, cathodes, and interconnect materials. In addition, recent promising research efforts directed towards performance enhancement of SOFCs through the use of nanoscale electrocatalysts will be discussed.

Jan 1, 2005

By J. S. Stewart

THIS paper was prompted by a persistent demand for what information we have that will throw light on the oil and gas possibilities of the Maritime Provinces. The problems involved were made familiar to the writer during three seasons of field work in New Brunswick and Nova Scotia. The reasons for renewed interest are: (1) In many parts of that region, the surface is underlain by a thick series of unaltered sedimentary rocks. (2) Oil seepages occur, and oil in commercial quantity has been exploited' near Moncton, New Brunswick, for many years. (3) In recent years, a new method of attack has been developed toward the finding of stratigraphic traps. This method is based on a detailed study of the geological history of the region, as revealed in surface outcrops and samples from deep wells. The well samples show the lateral variation of strata, far from any possible surface outcrop of the same beds. Sufficient work has now been done in the Maritime Provinces to reveal the broad features of the geological history and the character and distribution of the various rock formations. Comparatively little deep drilling has been done in this region, but the holes are widely scattered and the samples from them have added much to the information obtained from the numerous outcrops of bed-rock. The following discussion gives a summary of available information that has a bearing on the subject.

Jan 1, 1943

By Michael Godard, Peter Cleyle

"Suncor Energy’s Project Millennium increased oilsands production capacity by an additional 95,000 barrels per day to its present level of 225,000 barrels per day. This massive venture included an expanded Mine, new Extraction and Upgrading facilities, as well as, steam and utilities infrastructuresIn the Primary Extraction process, removal of the bitumen from the oil sand begins with slurry preparation and is followed by primary , secondary and tertiary separation processes. The final cleaning step of the bitumen froth is the Secondary Extraction process, that removes residual water, mineral and solids to produce a clean diluted bitumen suitable for Upgrader feedstock.This paper will review the flowsheet of the Millennium Primary Extraction facility, from its recent commissioning through the ramp up to design production rates. In addition, new technologies in the Primary Extraction flowsheet will be reviewed.INTRODUCTIONAs conventional supplies of oil and gas are depleted in Canada, the Athabasca oil sands industry of Alberta becomes an increasingly important source of energy. Today, high quality crude from Alberta’s oil sands accounts for roughly 30% of Canada’s daily petroleum production. According to government projections, over the next 7 years, oil sands production is expected to more then double, and by 2010 more than half of Canada’s crude oil is expected to come from the oil sands.Oil sands deposits consist of a layer of sand saturated with bitumen covered by a muskeg overburden and underlain by silt and clay. The oil sand is mined where the overburden is economical to remove, typically less than thirty meters thick. The Athabasca oil sand deposits around Fort McMurrray is ideal for mining. Bitumen can be described as a diverse collection of hydrocarbons, organosulfur, and nitrogen compounds."

Jan 1, 2004

By A. E. Gran

"QIT -Fer et Titane Inc. currently produces and markets four main products: a titania slag named SORELSLAG for the white pigment production, a high purity pig iron known as SOREL-METAL mainly used in the ductile iron casting industry, an ilmenite ore for blast furnace applications called SORELFLUX and high quality steel billets SORELSTEEL employed in the wire rod fabrication. Moreover , QIT also manufactures high quality iron and steel powders labeled ATOMET for the powder metallurgy industry through its wholly owned affiliate. Quebec Metal Powders Limited. The company operates. rock ilmenite mine near Havre St. Pierre and produces its slag and ferrous products from its metallurgical installations located in the Sorel/Tracy region. QIT. born in 1948 from a joint-venture between Kennecott Copper Corporation and New Jersey Zinc Company, was acquired from BP Minerals by RTZ Corporation PLC in 1989 and remains its wholly owned subsidiary ever since.lImenite is a mineral rich in both titanium and iron oxides. QIT's proprietary mineral enrichment and electric smelting processes permit the concentration of the ilmenite ore and the separation of its main constituents to produce a 80% TiO2, slag and a high purity molten iron which is further transformed into iron ingots (pigs), steel billets, iron and steel powders.QIT's ilmenite deposit is located in the Lake TIo-A1Iard area, 43 km inIand from Havre St. Pierre, a community on the north shore of the St. Lawrence River some 960 km from Montreal. The orebody, covering some 542 000 m2, consists primarily of coarse-grained ilmenite (FeO.TiO2) with disseminated fine lenses of hematite (Fe2O3). The worthless mineral (gangue) associated with ilmenite is mainly anorthosite, a complex silicate. QITs mining operations are carried out using conventional open pit methods in a 500 m by 600 m horse-shoe shaped mine with nine benches developed. Primary blasting is performed on a weekly basis during the mining season. Blasted ore is trucked to the crushing station to be broken down to 15 cm and 7.5 cm sizes, respectively, by means of a primary jaw crusher and a secondary cone crusher. Minus 7.S cm ilmenite is then loaded into hopper cars for the 43 km trip to the Havre St. Pierre terminal where it is stockpiled and reclaimed by under-ground conveyor chutes to a ship loading tower at the dock. The crushed ore is shipped to QIT's smelter located in Sorel in 40 000 tonne carriers from April to December."

Jan 1, 1995

By A. H. Lang

Introduction The recent uranium discovery at Theano point, lake Superior, is probably a rediscovery of the first reported Canadian uranium occurrence. A description of material from the original discovery was published in 1847 by J. L. LeConte, and many attempts have been made to relocate the deposit. Such attempts have in the past been unsuccessful because of vagueness in the original description of the locality. Besides being a prospect that seems to merit development work, the Camray discovery is important because it reaffirms the occurrence of pitchblende in the eastern part of the Precambrian shield. Much staking followed the announcement of the discovery, and some additional finds have been reported. Location The Camray discovery is at the shore of Theano point, lake Superior, about seventy miles north of Sault Ste. Marie (see Figure 1). It is in township 29, range XIV, district of Algoma. The showing is two miles from Highway No. 17, and is reached by a rough trail that leaves the highway at mileage 72.9 from Sault Ste. Marie. There are no towns of any size nearer than Sault Ste. Marie.

Jan 1, 1949

By Robert B. Parsons

"In this period of improved metal prices and reported profits, valuable lessons should be recalled from the 1970s when a similar cycle lured the federal and provincial governments into thinking that they could grab bigger pieces of the pie without harming the minerals industry. It took years for the industry to recover from the damage inflicted by that unprecedented scramble for higher tax revenues. It is hoped that the current policy makers will have learned from the lessons of the seventies, and will realize that mining companies need to keep a reasonable share of profits realized during the good years in order to prepare for the inevitable downturn in the cycle.INTRODUCTION"", «. We have made clear to industry that super profits... will no longer be tolerated "".With that assertion, the Honourable David Barrett , Premier and Minister of Finance of the Province of British Columbia, announced the introduction of a new mining tax regime in his February 17, 1974 bud get papers . British Columbia producers would face a basic royalty and a royalty on so-called ""super profits"", resulting in some instances in tax rates exceeding 100070 of pre-tax profits.The ball started to roll. Mining tax changes knew no political or geo graphical boundary. On April 9, 1974, Ontario's Treasurer John White stated in his budget speech:""Increased demand by major industrialized countries has resulted in sharply higher metals prices and substantial wind fall gains for the mining industry in Ontario. With the prospective demand for minerals likely to sustain current price trends into the future, it is only fair that we secure for the people a higher return from our natural resources""."

Jan 1, 1989

By J. Walenzyk

This report investigates the limited use of super large backhoes in surface mines around the world. The demand for super large (> 700 t) hydraulic excavators is rising and most of the machines are sold as front shovel (FS) application. Despite advantages in faster cycle times super large backhoe (BH) machines are a minority (ca. 1% of the total machine population). This investigation is based upon the comparison between the volumes available to the BH and FS in one block and before the machine needs to move. The working conditions are created with standard parameters as given by Original Equipment Manufacturers of hydraulic excavators regarding bench height, angle, and material density. The travel amount of both machine types is derived from these volumes and compared. Furthermore, the travel amount of super large BHs is compared to the travel amount of smaller mining BHs and evaluated based on attachment length and bucket size. The calculations conclude that the volume of material recoverable in a single spot is about 75% higher for FSs. This leads to an increased travel for BHs. The combination of both the increased appearance of electrical driven machines (in the class of > 700 t excavators) and the travel amount lead to a high risk of damaging the cable or the excavator. Enlarged wear on the travelling parts is also attended by the higher travelling. A direct comparison of commonly found working set ups shows that the ratio between volumes is 32% which leads to an increased travel amount. In comparison with a 250 t BH, the calculation shows that the smaller BH is able to reach nearly 50% of the volume of the super large BHs. The main reason for this is the respectively high reach on smaller machines which, combined with other factors, leads to a significantly higher number of BHs in lighter classes.

Aug 1, 2013

By L. A. Melis, K. S. Fraser

"This paper describes the development of a milling circuit for the complex Midwest orebody, containing a high-arsenic uranium ore typical of that found in northern Saskatchewan. The results of preliminary bench-scale test work are summarized. Data from a pilot-plant program carried out at the Ontario Research Foundation are provided for the selected mill flowsheet. Also described are waste circuits which have been established to produce effluents of acceptable quality. Pilot-plant testing of sub-aerial tailings deposition is also described. The applicability of manufacturers' equipment for the various circuits in the flowsheet is discussed.IntroductionThe Midwest uranium deposit is in northern Saskatchewan, 700 km north of Saskatoon, near the eastern edge of the Athabasca BasinDevelopment work on the project is directed by Canada Wide Mines Ltd., a subsidiary of Esso Resources Canada Limited. Participants in the project are Esso Resources Canada Limited, Numac Oil and Gas Ltd., Bow Valley Industries Ltd ., Mink Mining Corporation and Midwest Mining Corporation.The deposit consists of a series of flat lenses of massive ore overlain by a halo of lower-grade sandstone ore. The massive ore is formed of pitchblende and nickel arsenides, along with clay, and averages about 10% U and 9% Ni, The principal minerals are pitchblende (UO2-UO3), coffinite (U(SiO4)1-x(OH)4x), gersdorffite (NiAsS), niccolite (NiAs) and rammelsbergite (NiAs2). The sandstone ore, a friable clay-rich sandstone with sooty pitchblende, averages about 0.4% U and 0.6% Ni. Typical expected mill feed analyses are given in Table I.A bench-scale development program ore was carried out during the period from August 1978 to May 1981 in the laboratories of Lakefield Research of Canada Ltd. (Lakefield), (Lakefield, Ontario), the Colorado School of Mines Research Institute (CSMRI), (Golden, Colorado) and, to a lesser extent, the Ontario Research Foundation (ORF), (Mississauga, Ontario) and the Saskatchewan Research Council (SRC), (Saskatoon, Saskatchewan). Direction of the development studies was shared by Canada Wide Mines Ltd. and its metallurgical consultants, A.H. Ross and Associates. Input was received from Envirotech, Enviroclear, Interox America, and Knight and Piesold Ltd."

Jan 1, 1983

By Jim Wickens, Vince Lofftus, Mark Kravetz

"This paper discusses how Bald Mountain Gold Mine (Ely, NV) dramatically reduced mercury production by treating process solutions with a liquid reagent based on organic sulfide chemistry. Cherokee Chemical Co. Inc. (Vernon, CA) markets this reagent as UNR 81 1A.A summary of the bench tests comparing various reagents is given. The ensuing plant trial is discussed and successful mercury removal results are presented. Data is presented to show that early removal of mercury in the process reduces the amount of mercury collected at retort. Data is also presented to show that use of this reagent does not reduce gold recovery. Plant trial treatment costs are discussed. Finally, the potential of this technology to substantially reduce closure costs as compared to traditional mercury removal options is discussed.INTRODUCTIONBald Mountain Mine produces gold. Mercury is a costly by-product of gold production because no revenue is generated from mercury. Traditionally, mercury leaches out with gold and follows the gold throughout the processing circuit until it is eventually condensed and collected at Retort. Minimizing or eliminating mercury production minimizes worker health and safety risks, minimizes environmental liability, and reduces costs. In the long term, minimizing mercury production will make mine closure easier and less costly.Bald Mountain Mine dramatically reduced mercury production by treating process solutions with liquid reagents called UNR 811 and UNR 811A. Several reagents were bench tested before proceeding with a plant trial. The reagent complexes the mercury to form an insoluble organic sulfide precipitate. In independent tests, the precipitate passed acid mobilization tests and is considered stable."

Jan 1, 2001

By Tao Long

Recently, the great amount of funds has been invested in the reconstruction of damaged infrastructure and house of subsidence area of coal mine and mine reclamation. This is a benevolent and popular work, which is highly praised. However, because of complicated collapse area problems in China, especially the less integrated control research in the collapse area of metal mine, and the technological weakness, how to effectively control the subsidence area, restore landscape and ecological environment, and utilize the abandoned mine land, are major issue related to the mining area of sustainable development. The research situation about the formation of metal mine collapse area at home and abroad is reviewed, and then the effect of the collapse area on the mine safety and ecological environment, the existing technical problems and development direction are analyzed. Lastly, the technical measures of the collapse area control and cooperative underground mining is put forward.

Oct 1, 2010

By C. E. Baltzer, W. H. Harper

"This study has been developed to illustrate the trend and pattern of distribution applying to the quantities and costs of the fossil fuels used, and the related amounts of electricity generated, in the thermal segment of the Canadian electric utility industry.Traditionally, Canada's requirements for electric energy have been preponderantly met by hydraulic power. The need for augmented supplies of thermally generated power has mainly developed since the close of World War Il-in an era that has seen drastic decline in the production of indigenous coal and buoyant expansion in the supply of oil and natural gas. Although coal currently is faced with serious competition from the fluid fuels, the utility industry in particular promises an advancing market for coal, because of its abundant resource, at prices less likely to show sharp increase. For Canada as a whole, this trend has been progressive since 1959, and, unbelievable as it may now seem, the extent of the advance by 1975, particularly in Ontario and the Prairie Provinces, may well be as much, or even more, than the present rate of consumption for all purposes.The text and the tables and charts are arranged to focus attention on: the growth of thermal genera ting capability; the historical trend in consumption of fuel and the related production of electricity; patterns of distribution by types of fuel and thermal capacity; the relationship of steam to other sources of thermal capacity; and the quantities, costs and related percentages of electricity generated by types and kinds of fuel used, both regionally and provincially."

Jan 1, 1966

By P. R. A. Andrews

"A sample of flotation feed from Bakertalc Inc., High water, Quebec was subjected to flotation evaluation to improve the recovery of talc. A number of alternative frother/collectors and depressants as well as flotation parameters including pH, conditioning time, frother/collector concentration and pulp density were assessed. In addition, the possibility of using a size coarser than that currently employed for flotation (95% minus 50 um) was investigated.As far as possible, a laboratory duplication of the present circuit arrangement was folio wed so as to minimize the cost of any changes. The best results obtained were a concentrate analyzing 95.96% acid insol for a recovery of 65.98% after four stages of cleaning. With recirculation of cleaner tailings, the recovery would be higher.The possibility of using an alternative method, based on the natural ability of talc to float unaided by a frother/collector, was briefly explored with encouraging results.IntroductionBakertalc lnc ., located in the eastern townships at Highwater, Quebec, Is approximately 140 km east of Montreal near the Vermont, U.S. border. Originally called Baker Mining and Milling Co. Ltd., it has produced pulverized talc products since 1938(1 ), although records show that talc was mined in the area as early as 1871(2). Feed to the mill originally was obtained from local deposits, but since 1952 the van Reet mine near south Bolton, approximately 25 km from Highwater, has been the source of ore .In 1957 a Raymond high -side roller mill was installed which enabled production of a greater range of talc products and, in 1960, new crushing equipment and a dryer were added. Other additions to the mill were the introduction of wet magnetic separation, although this was later discontinued, and flotation to produce high-grade talc concentrates."

Jan 1, 1985

By Ryan W. Ulansky

This paper presents the conceptual design of a magnetically-levitated skip for use in an underground mine. A skip is used to move rock from an underground mine to its surface processing facility. Conventionally the skip is raised and lowered by cables, similar to an elevator. In a magnetically-levitated skip, the cable is replaced with a linear induction or synchronous motor to provide propulsion and levitation. Removal of the cables in a magnetically-levitated skip provides many advantages over a conventional system including the ability: to negotiate corners, to travel vertically in the shaft as well as horizontally to the mining face, and to move a very large volume of material using multiple skips in a small shaft. A magnetically-levitated skip is a safer, more environmentally-friendly, productive alternative to conventional skipping. It has the further advantage to decrease haulage distances for underground vehicles.

May 1, 2002

By D. A. Riva

"The Line Creek Project is located in southeastern British Columbia, approximately 25 kilometres north of Sparwood. The design is to produce a total of2.7 million tonnes of coal annually. This is made up of1.4million tonnes of thermal coal and 1.3 million tonnes of metallurgical coal.Construction commenced in the spring of 1980 and mining operations began in July 1981. The thermal processing plant, maintenance and dry facilities, as well as extensive road and bridge construction, were completed in early 1982. A collective agreement was signed with the International Union of Operating Engineers, Local 115, in June 1981.The first unit train left Line Creek on February 18, 1982 with a load of thermal coal bound for the Ssangyong Corporation in Southern Korea. It was the start of a ten-year contract to supply 350,000 tonnes annually to fire their cement kilns. Additional contracts for 750,000 tonnes will fuel the boilers of Korea Electric Company's San Chon Po and Go-Jeong power stations. Metallurgical coal shipments are scheduled to leave the Roberts Bank port in Vancouver in April 1983.Tracking an introductory presentation given at the 1981 CIM Annual General Meeting in Calgary, this paper highlights the salient developments by which ""The Line Creek Project"" has progressed during the past year to the"" Line Creek Operation"". Line Creek has com e on stream as scheduled and will meet all contractual commitments pertaining to timing, volumes and quality for thermal coal. The first train load left the plant in mid-February, and the first boat load to Korea departed Roberts Bank in mid-April. Metallurgical coal deliveries will commence in April 1983."

Jan 1, 1982

By Neil H. Brown

Outline ? Cameco - Cigar Lake ? Cigar Lake Mine Development ? MDS #1 ? MDS #1 Improvements ? MDS #2 ? MDS #2 Improvements Pending ? Acknowledgements Mine Development System ? Mining methods tested and developed over the years ? Construction began officially in 2005 ? Water inflow events in 2006 and 2008 ? Successful dewatering and re-entry in 2010 ? Remediation continues ? Production target is mid-2013

Oct 1, 2010