History Post-confederation (1867-)
Inco Comes to Labrador
- Publisher
- Flanker Press
- Initial publish date
- Oct 2005
- Category
- Post-Confederation (1867-)
-
Paperback / softback
- ISBN
- 9781894463751
- Publish Date
- Oct 2005
- List Price
- $5.00
Classroom Resources
Where to buy it
Description
In the summer of 1970, a far-sighted geologist named David Barr led a prospecting party to the coast of northern Labrador. A decade and a half later, two government geologists, Bruce Ryan and Dan Lee, recognized the mineral potential of the Voisey’s Bay area. But it was not until 1994 that two prospectors from Newfoundland, Al Chislett and Chris Verbiski, discovered at Voisey’s Bay an ore deposit which one Newfoundland politician would describe as “beyond our wildest dreams.”
Two rival companies battled for the attention of the colourful financier, Robert Friedland, who controlled Voisey’s Bay. The winner was the International Nickel Company (Inco) Ltd. In 1996, Inco confidently predicted that it could bring a mine into production at Voisey’s Bay within 2 1/2 years. But Inco’s struggles had only just begun. In Inco Comes to Labrador, Raymond Goldie, a member of the original Barr party, recounts how misunderstandings between Inco and the people of Newfoundland and Labrador nearly killed the development of one of the world’s great mines.
The author will contribute 25% of his proceeds from the sale of this first edition of Inco Comes to Labrador to the Smallwood Foundation for Newfoundland and Labrador Studies.
About the author
Raymond Goldie’s interest in Voisey’s Bay began in 1970, when he was part of the first prospecting team to visit the coast of Labrador to examine its potential for deposits of copper and nickel. In the late 1970s, armed with a Ph.D. in geology from Queen’s University, Kingston, he began to work in the Canadian investment industry, most recently with Salman Partners Inc. As mining analyst, he has followed the fortunes of North American mining companies and mine developments, including Inco Limited and its Voisey’s Bay nickel-copper project.