BIG JOHN Looming larger than life outside the Chetwynd Tourist Bureau background) is this (that’s the building in the statue of a logger- frontiersman. Symbolizing the ruggedness and bigness of the northern area, this is probably one of the most photographed men in the town. Mining at a glance The following information is taken from a study by Price Waterhouse & Co. af metal, asbestos and coal mining in British Columbia, covering the 1370 exploration, development and production operations in B.C. of 58 companies, The study was prepared for the Mining Association of British Columbia but the assembly, analysis and in- lterpretation of the information was undertaken independently from the association. The companies participating in the study accounted for Substantially all production, all on-property development ex- penditures and over one-third of outside exploration ex- penditures in B.C, in 1970. The report, following similar Teports for 1967, 1968 and 1969, provides continuing in- formation about the current position of the industry, its dynamic growth in recent years, and its importance to the economy of the province, Mee TN Nn os é The B.C. mining industry in 1970 established these new records: —Net capital inflow — the net investment attracted by B.C. mining — reached $352 million (Comparative 1969 figure — $270 million). Exploration ‘and development expenditures rose to $85 million. (1969 — $55 million} — Capital expenditures rose to $157 million. (1969 — $130 million) — Sales revenues totalled $402 million. (1969 — $351 million) — The industry - employed 16,689 people with a total payroll of $153 million. (1969 — 13,700 people with payroll of $124 million) ; Mining industry ex- penditures in 1970 had an estimated income effect on the economy of B.C. of $550 million and on Canada as a whole, about $1,25 billion. (1969 — B.C, . Income effect of $500 million, Canada $1.17 billion) 4 During the 10-year period 1961-70, the B.C, mining in- dustry has required over $1.5 billion of capital to stimulate - and sustain its growth in financing exploration, developing new mines and to operate, expand and further develop existing mines, The major mining operations in B.C. are 54 per cent owned by Canadians. ‘and 61 per cent controlled by Canadians, B.C. mining companies have Spent $367 million on ex- ploration and development in the 10-year period 1961-70, This does not include capital ex. penditures for machinery and equipment for use in ex-. ‘ploration and development activity or expenditures of the numerous small exploration companies not members of the | association, © From 1661-70, - the capital expenditure by B.C. mining companies totalled $667 million, 62 per cent of which was spent in the last three years. Firm capital expenditures planned by mining companies in B.C. in 1971 should reach $305 million and, for 1972, $124 million. Not included are preliminary and tentative plans for 1972 and subsequent years which would depend in part upon the results of feasibility studies, exploration activities and financing negotiations currently in progress, as well as onsuch factors as world market conditions. A significant change has taken place within the past few years in the mix of the products contributing to B.C. mining revenue. Copper has continued to widen its margin as the leading revenue producer and molybdenum, after only six years of production, has sur- passed lead and is cloge to zinc for second place among the province's important minerals. With the’ major exparision ‘of ' Coal mining in the East Kootenays, coal is now the fifth largest revenue producer. Japan has been the largest customer for B.C. mining products since 1966 and in 1970 accounted for 43 per cent of total industry revenue. This compares with 19 per cent from the U.S. and 10 per cent from the United Kingdom. ‘The mining industry spent $240 million on the purchase of equipment, materials, supplies and services, In addition to the 16,690 company and contractor em- ployees.of the mining industry in 1970, many thousands of other persons were dependent in whole or in part on B.C. mining activity. Ils. estimated 35,000 other workers in B.C, — and 95,000 in Canada as a whole — are in industries supported by mining activities. — Taxes paid to, the B.C. overnment in 1970 totatled $32 million, an increase of 33 per ° cent over 1969, Property taxes paid to municipalities were $2.5 million, . The mining industry of B.C. has continued to ‘make ex- penditures of special interest and. behefit to’ the general public, Grants and donations of .$4.7 million have been made in‘ the last 10 years to universities, Sports and. recreation, charities, municipalities, | hospitals and townsite support. In 1970, B.C,- mining com- panies built 58 miles of. public Toad at a cost of close to $2 million and contributed about $1 million -towards the operating costs of public roads, Mining companies have spent over $10.3 million on pollution -control and conservation in the last five years TERRACE HERALD, TERRACE, B,C, “ Archie Roster f . MISS ——) LOOK AT THE TAKE A LATE STUDENTS MEMO J ON TODA |, STHERBFORE, E wits J} TOLERATE ANY <4 __By Bob Montana |. oe am TAKE THIS RIGHT 7 [| ” DOWN AND HAVE IT. “Y: INSERTED IN THIS W: * SCHOOL NOTICES "/. By Mort Walker | Z FINIGHED ALL THE BUSHES, SIR. ANYTHING ELSEZ AROUND LOOK THERE ARE ALOT OF THINGS THAT NEED SHAPING _ AND STOP LOOKING | AT MY MUSTACHE |’ UP AROUND _ Peseaea res PO | Zak Cony “oemretg oni Fen fo] ices “tha ° rm, n , Blondie By Chic Young ~-( SOME CHICKEN Tal I WANT “Ul ALL OUT OF CHICKEN THAT’S ALL Canadiens preserve win streak By THE CANADIAN FRESS . Montreal Canadiens needed a ‘last-minute-rally. Wednesday to “preserve ‘their undefeated streak in the National Hockey League exhibition series, ’ ¥van Cournoyer scored with 58 seconds remaining to yield Canadiens a 3-3 tie with New York Rangers before 5,950 fans at Halifax. . . The victory left Canadiens with four wins and three ties for it points, one ahead of the idle Vancouver Canucks, who are also unbeaten in pre-season - games with three victories and - four ties, . In other games, California . Seals scored their first win sincetraining camp opened, 5-4, over Detroit Red Wings at Osh- awa, Ont.; Buffalo Sabres and Pittsburgh Penguins tied 4-4 at Sudbury, Ont., and Los Angeles Kings upset Chicago’ Black Hawks 5-2 at Victoria. The first penalty shat of the season was also awarded Wednesday night, but Jacques Laperriere was unable to'capi- talize for Canadiens when his shot was stopped by Rangers’ goalie Gilles Villemeure, Rejean Houle and. Phil Rob- . erto were the other Montreal marksmen. Pierre Jarry, Rod . Gilbert and Ted Irvine con- nected for New York, . : Only 2,619 fans were present at Oshawa to cheer the under- dog Seals as they overcame a 4- 1 deficit. to trim the Wings. Former Boston Bruin Wayne Carleton netted the winning goal with less than three - minutes remaining, . Other California scorers were Walt. McKechnie, Bert Mar- shall, Tom Williams and Gerry Pinder. ; ia Tim Ecclestone, Nick Libett and Mickey Redmond scored ' for Detroit. . “Ray Martyniuk, on loan from _ was in California's | : ‘ Montreal, nets; [it fi pz po] ft ‘ DOWN 1 Electio- magnetic radiation device ~ ' . 16 1 Dee Fi eee Be ade Ob aS Fy 62 72 pi) oe i 7 7 & 9:15 P.M. (9 Pees va svete ere [