For the first time in a decade,
not one new mine opened in B.C.
last year. ae

That is just-one’ ‘ofa string of
gloomy statistics included in the
1992 annual financial report on
the province’s mining industry.

Released last Wednesday, the
Price Waterhouse document also
notes money spent on exploration
and development ‘hit its lowest
level ever, just $29, million: -,

~ Mining Association - - president
Gary Livingstone ‘says:the. New
Democrat provincial government
is largely responsible for explora-
tion being cutin half last year.

“We can reverse. this: trend,”
Livingstone maintained, “but .it
Tequires a change in attitude from
our current government.”

The report points out explora:
tion expenditures in the rest of-
Canada only dropped by 12 per
cent last year. .

And while: the rest of the coun- -
try can look: forward to an in-—

crease in: spending this ‘year,
B.C.’s figure will continus to fall,

Price Waterhouse predicts. -

- “Other.provincial. governments -

are providing a more certain in- |

yestment climate for the mining

industry,’* Livingstone explained, : :

He also warned the lack of ex-.

Mining rer pits

ploration today would hurt the in:

' $60,000,

dustry in the long term.

The report. also reveals more. | - 3
than 2,000 direct jobs. - dis- °

appeared in the industry last year,

* bringing employment levels to a

10-year low of 10,500.

Noting the industry’s average
annual salary
it adds

those vanished jobs.

~. With direct payments to various: :
Jevels of government having fal- |

len to $122 million, down nearly
a third compared to 1991, even
Victoria. was not immune to the
repercussions.

Other statistics in ‘the report -
detail a “55 per. cent decline in
new mineral claims staked in
1192, revenues down more than -

$300 million, and a $119 million

after tax loss recorded by the pro-

vitice’s major mining companies.

‘That’s the third straight year of
losses for the industry, bringing
the total for the past three years to
more than $1.6 billion. _

The report is based on informa-
tion collected. by. Price Water-
house from 31 separaic com-
panies and divisions representing
most of the province's mining in-

dustry.

QUTAND ABOUT.

is more than =
regional
economies will feel the affect of .

THE LOCAL CHAMBER of
commerce will receive up to
$8,500 towards the cost of op-
erating its Business Info
Centre.

One of 85 BICs in the pro-
vince, the Terrace centre is tied

into. Chamberlink, a. B.C-wide
computerized system. |

The system. orate
40 fap AS

any, BIC

eae

agers, oblain on-line assistance
and receive, notice of federal
arid ° “Provincial “government
> tender calls SE sn th:

~ BICs also provide publica- .

topics from. starting up to ©
marketing goods and services. » 2
kak kk _
‘THERE’S A FAMILIAR

‘face back at city hall on occa-::

sion.

Former alderman Doug’:
Smith is on retainer for tourism —
and economic development
work until a person to assume
those duties is found.

_ The position became vacant
earlier this year. when Peter
Monteith moved to a new job .
in Kamloops. .

Smith will be employed on

pertise of other’ ueaee man--

tione on a variety of business

specific tasks until probably
early next year.

He helped plan the city’s
forestry conference earlier this
year and. is organizing nect
month’s housing conference.

kkk

A ‘WELL-KNOWN > north
coast accountant has been re- ©
‘elected to the Council: of the

J dieg sonst fe: o£: Chariered Accoun-::

tants of British Columbia,

It'll be the fifth time Odd
Eidsvik, a former Prince
Rupert alderman, has sat on
- the 20-member council.

She kok kk

: THE: B C,.ECONOMY is the -
‘stfongest in the.country, ac-
‘cording to BC Stats figures.

Employment jumped 2.5 per
cent over the first seven
months of the year as. B.C. ac- .

7 ‘counted far nearly. one-in-three

of ‘new jobs’ in Canada over
that period’ ~~

Retail sales to the end of
May jumped more than nine
per cent hike compared to *92, _
housing starts were up 9.4 per
cent for the six months and
-business/consumet-
bankruptcies to the end of May
dropped 20 per cent. -

Installation
art

A STEADY HAND and a
“deft touch are some of
Dawn: Germyn’s attributes,
The. Nass. Valley - artist
started painting when she
was 14, so It's fair to say ©
that she’s had a lot of prac-
tise..Here, she paints a
‘mural on the wall’:of the
Gems and Gold shop. She
is also responsible for the ©
stencil designs. in. Don
_ Diego's, Her, latest show
| was =: last “fall in Prince
‘|e George, and she has shows -
slated for next year in
Smithers, Prince Rupert and
Haida Gwaii, Germyn says:
that custom murals are bec: —
_oming very popular with in-
terior designers. ,

Construction stats
are right up there

Lacking major projects like
1992's Safeway expansion,
commercial sector activity is
down by two-thirds at just $1.5

NOTICE

The Provincial Liberal Skeena Riding
Association holds its annual general:
meeting

Terrace ranks. third in
’ construction activity for all of
northern 3.C., show figures
gathered by. the Northern B.C.

Construction Association. .. million
Only Prince George at $96.2 Also missing is any form of - _. August 99°
million and ‘the Cariboo industrial _construction but
regional district's $22.6 million. institutional projects are up at the Terrace Hotel
stand in the way of.Terrace’s about $1 million.

Lafleur noted that the large
level of activity in Prince
George is primarily due to
University of Northern B.C.
construction.

$12.1 million as of the end of
June.

The Terrace figure is double -
those of Prince Rupert, Quesnel
and Williams Lake.

City building official Bob
Lafleur. says. the numbers
- accurately reflect the state of
the construction industry here.

‘ss been busy, there’s no
doubt about that,” he said.

And July has given the
Terrace figure another sharp
boost with a further $1.7
Hon: veqrth: cof:permits; ‘being repe

at 2 p.m.

i
i

AS ) yee anit AMMA agit

: That took ‘the’ vear-to-date
tally to $13.8 million, less than a
million behind 1992’s record

Arctic Cat

Neid Enterprises Lid:

setting pace.
Lafleur; pointed to. residential f
_ construction ‘as: the. driving. Evinrude
’ force behind this year’s boom. Kawasaki The Recreation Specialists -*
; | {oe permits shave ee Suzuki 4925 C Keith Ave... > -
* issued for 60 singe a LawnBoy | Terrace, B.C. V8G 1K7
homes and 26 malcesienie HO. Waterskis | | “Phone 635-3478. :
Addin. additions. and & Accessories . Fax 635-5050

renovations to existing liomes on
and residential construction of! 1 pat
all kinds is close to topping the
$11 million mark.

The value of the single family
homes is up about $10,000 per”
home this, year, averaging
$134,500 each.

“Multi-residential:
developments. have held the line

Certified Mechanics: (SAE
Fred-Dunn’ — ane
Willie DeHoog

Y Jesse Cosgrove.
Mark Neid
- Tim Link

researc re

Summer Sate On NOWII

Le PSST SSR STI ELE

sg {

Get The Best While Selection
Lasts. Sale Ends August 25/93.

at $200,000 per project.

Hire a Student
to help with

your homework!

Wash the windows. Cut the -

grass. _ Build: a fence. Paint the

house. :

There is only so much you
_can do yourself. Why not hire
a student to help?

Intended Sale of Eurocan
Investments Lid. to West Fraser
Timber Company Ltd.

Forests Minister, Dan Miller, wants your input on the
_ proposed sale of Eurocan Investments Ltd. to West
_ Fraser Timber Company Ltd. =

The intended sale involves six forest licences located in
the Kalum, Lakes, Morice, Prince. George,a and: North ©
| Coast Timber Supply Areas, ‘as well. as Trée- Farm’... a

i Licence #41 and timber licences in the Prince Rupert:
_- Forest Region. . eee

Contact. the Canada Employment -
Centre for Students at

635-7134 |

or visit our offic ce > at - 7
| 4630 Lazelle; >, Terace :

HIRE
A STUDENT

Fort further information contact:

ae Larry Pedersen, Prince Rupert Regional Manage
"| Ministry of Forests oo

- Prince Rupert Forest Region...
Bag 5000, 3726 Alfred Avenue
Smithers, B. C.
Od 2N0~: ;
Phone: 847-7500

"Written comments wil be received at.
Forest Region Oftica until ti Friday Ali

Government of Cahada i
Be Ministut of State fot Youth ." Minit
2 Pope Te Ne