Texasgulf Inc. and Subsidiaries, as Successor in Interest to Texasgulf Inc. and Subsidiaries - Page 4

                                        - 4 -                                         

          open pit mine at which ore from a copper, zinc, lead, and silver            
          deposit is produced.  In 1966, Kidd Creek Mine had a concentrator           
          which was about 17 miles from the mine.  A railroad connected               
          them.                                                                       
               Texasgulf Canada owned and operated the Kidd Creek Mine from           
          1968 to 1981.  From 1968 to 1980, Texasgulf Canada crushed the              
          ore from Kidd Creek Mine into pieces 7� inches or smaller.                  
          Texasgulf Canada then put the ore in storage bins and carried it            
          by rail to the concentrator for further processing.  The                    
          concentrator further crushed, pulverized, and concentrated the              
          ore.                                                                        
               Ecstall changed its name to Texasgulf Canada Ltd. in 1975              
          and to Kidd Creek Mines Ltd. in 1981.  Texasgulf Canada was                 
          subject to the OMT because it mined and processed ore at Kidd               
          Creek Mine.  Texasgulf Canada paid OMT of $934,238 for 1978,                
          $12,437,280 for 1979, and $18,307,052 for 1980.                             
          B.   The Ontario Mining Industry and the Production of Metal                
               Many metallic and nonmetallic minerals are mined and                   
          produced in Ontario.  Metallic minerals mined in Ontario include            
          base metals such as nickel, copper, and zinc, and precious metals           
          such as gold, silver, and platinum.  Nonmetallic minerals mined             
          in Ontario include asbestos, peat, gypsum, talc, and salt.                  








Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011