$24 million infusion into collaborative mining research



    SUDBURY, ON, June 27 /CNW Telbec/ - Representatives from the private and
public sectors came together Thursday, June 21, 2007, to make several major
funding announcements in the five-year multi-million dollar research
initiative Productivity Enhancement and Risk Management in Underground
Construction and Mining (PERM).
    Representatives from Laurentian University and its premier mining and
environmental research centre, MIRARCO, opened the event, along with
representatives from CVRD Inco, Rio Tinto, BESTECH, Symboticware, and Golder
Associates.
    The project involves three research themes: 1) Design and construction of
underground excavations; 2) Integrated mine design and risk mitigation; and
3) Environmental risk management.
    More than 26 industrial and institutional research partners are
contributing $10.4 million cash and close to $6 million in kind which, when
combined with the $8 million from the Ontario government announced earlier
this year, totals $24 million of new research funds. This project will further
enhance Laurentian University's research capacity and reputation as a mining
and environmental centre for excellence.
    Affirming the benefits of PERM for the natural resources industry,
Mr. Michael Winship, vice-president, Mines, Ontario Operations, CVRD Inco,
stated that long-term research visions are essential to sustainable
operations: "We are at a very fortunate time in the mineral industry, with the
current level of exploration and mining activity. CVRD Inco is looking towards
sustainability in a lasting time frame, one that requires a dual approach of
not only solving the challenges of today, but also anticipating how we can
continue to find mining methods and tools that will meet the challenges of
tomorrow."
    This initiative will create more than 150 person years of work, and
support undergraduate, Master's and PhD students, engineers, environmental
scientists, geologists, programmers and IT professionals.
    Research activities are already underway. Approximately 20 full-time and
part-time staff and student research positions are now open. Resumes are being
accepted at mirarco@mirarco.org.

    For the full news release and information about PERM, please visit
www.mirarco.org or email info@mirarco.org. For information about Laurentian's
graduate research programmes, visit www.laurentian.ca.




For further information:

For further information: Peter Kaiser, Principal investigator, PERM,
(705) 675-1151 x. 2197, pkaiser@mirarco.org; Jane Djivre, Project coordinator,
PERM, (705) 675-1151 x. 5075, jdjivre@mirarco.org

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