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Essay Galaxy - The Voisey Bay Project
The Voisey Bay Project
The Voisey Bay project has been in the news since 1993 for a variety of reasons. It is one of the biggest finds in recent years. With 288 claims now, and almost being the size of Ireland, the find is worth approximately 10 billion dollars and counting and over 300 million dollars to Archean Incorporated alone. (Flanagan 1995) The story behind the find is rather interesting as well, with two geologists named Al Chislett and Chris Verbiski working by themselves came across the find, just to two of them. This find of copper, nickel and cobalt can now provide a stainless steel supply for at least 10 to15 years for industrial use. Although there are many benefits of this find, it came with some controversy due to the actual location of the find. It is located right in the vicinity of a small Labrador town called Nain. Now the mining companie....
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Number Of Pages: 5 |
Number Of Words: 1181 |
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