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Saturday, April 14, 2007

Delta Chamber of Commerce Membership Luncheon

The next membership luncheon will be held on April 19, 2007 at noon at Clearwater Lodge. Lunch is $12.00.

Guest Speaker is Karl Hanneman, Manager of Public and Environmental Affairs and Special Projects, Teck Pogo, Inc. Karl will present a slide show providing an update on the Pogo Mine including some of the challenges faced in 2006.

Pogo is an operating underground gold mine with a current estimated gold resource of 5.6 million ounces averaging 0.41 ounces/ton, a projected mine life of 10 years, and an annual production rate of between 350,000 and 500,000 ounces of gold. Newly constructed, gold production began at the mine in early 2006. As of the end of the second quarter 2006, the mine was still in the commissioning phase, and was not yet operating at commercial production levels. The mine is owned by Sumitomo Metal Mining, Inc. - a member of the Japanese Sumitomo Group. Through a joint venture agreement with Sumitomo, Teck Cominco, a Canadian mining company, has a 40 % interest in the property; its wholly-owned subsidiary, Teck Pogo, Inc. (TPI) is the mine operator. (11/06 Northern Alaska Environmental Center)

All who RSVP by April 17, at 4pm will be entered into a drawing and the winner will receive their meal free. Call the chamber office at 895-5068 for reservations.

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