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From 1995 to 2007, Mr. Frame
formed several specialized mining companies for the exploration and development
of selected properties. In 1995, he founded
Mineral Resources Ltd.
and served as Chairman, which he merged with
Pan American Resources Inc.
to form OntZinc Corporation in 2002. OntZinc acquired the 1,000
tpd underground zinc mine and processing facilities in Balmat, Upper New York
State, and the 1,000 tpd open pit Gays River zinc mine and processing facilities
in Nova Scotia, Canada: In 2004, with Mr. Frame as catalyst, Ontzinc completed a
reverse merger and takeover of the large vertically integrated Canadian base and
precious metals producer, Hudson Bay Mining & Smelting Company Ltd., valued then
at approximately $350 million. Within two years, the share price rose from $2.00
to near $30.00. In 2005, he formed Silvermet Corporation and Global
Uranium Corp. Silvermet pursues zinc smelter opportunities in Turkey,
based on the hugely successful Horsehead Corporation model in the USA. Global
Uranium has six uranium concessions in Niger, Africa.
During 1993 and 1994, Clifford
Frame provided mining advisory consultant services and served as a member of the
Board of Directors of several mining companies including
Sherritt Gordon
Inc., an integrated Canadian company producing nickel and cobalt, and a
producer of coal, oil and gas, and electricity, with investments overseas. He
independently financed and directed investigations into reopening of the
Hollinger Ltd. iron mines in Quebec, Canada.
From 1985 through 1993,
Mr. Frame was a founder, principal shareholder, developer and Chairman
and CEO of Curragh Inc., a Canadian mining company with
base and precious metals, and coal, production and exploration programs
through various divisions. Through that company he was also Chairman of
the executive committee for all of Curragh's subsidiary projects
including Frame Mining Company, Westray, Sa Dena Hes, Stronsay,
and a director of
Asturiana de Zinc
(the
world's largest, most modern and efficient zinc smelter, located in
Spain, of which Curragh Inc. owned 20%). With Curragh Inc., he oversaw
the exploration and development of five mining properties, and the
production start-up of three mines:
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the $300 million ( including $140 million of
existing debt) refurbishment and restart of the large 14,000 TPD
Faro open pit zinc/lead mine and processing
facilities in Yukon, Canada, formerly owned by
Cyprus Anvil
Mining Company Ltd., a subsidiary of
Dome Petroleum
Ltd.. This restart, in addition to those of funding
institutions, partners and product buyers, involved the cooperative
actions of the government of the Yukon, the government of Canada,
the government of Alaska and the government of the United States.
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the $75 million construction and start of the new
1,000 tpd Sa Dena Hes underground zinc/lead mine
and processing facilities in Yukon, Canada; and,
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the $200 million construction and start of the new
modern 4,100 tpd Westray underground low-sulphur
coal mine and processing facilities in Nova Scotia, Canada. This
mine was built in cooperation with the Nova Scotia Power Company to
which the mine sold 100% of its production, the government of the
Province of Nova Scotia, and the government of Canada. Westray
suffered a mine explosion in May 1992, causing the deaths of 26
miners and resulting in the permanent cessation of its operations
and, ultimately, the insolvency of Curragh Inc. During 1993, Mr.
Frame oversaw the wind down of Westray and Curragh Inc. following
the major coal mining accident at Westray.
From 1982 through late
1985, Mr. Frame was President and COO of Denison Mines
Ltd., the world's largest uranium producer from its Elliot Lake, Canada,
underground mines and processing facilities. He was also Chairman and
CEO of all of Denison's subsidiaries. In these roles, he personally led
and expanded
Denison's interests into other areas of mining and
other industries:
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origination and implementation of the giant $3.5
billion North-East Coal development and operations,
British Columbia, through its large
Quintette coal project,
which involved the participation of 52 banks, 4 partners, 4
governments and 6 steel company customers;
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exploration, feasibility of four additional
one-billion tonne coal properties involving JV's and partnerships
with other companies such as Ruhrkohle of Germany,
Charbonnages de France, Gulf Oil of USA, Imperial Oil
of Canada,
Mitsui of Japan, Tokyo
Boeki of Japan, and
Taiwan Power;
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major $350 million development and production
start-up in New Brunswick of the two million tonnes per year
Potcan Potash Ltd. underground potash mine, which was
constructed in a record-low two years;
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multi-million (~$35 million) dollar annual program
of exploration and mine investigation, assessment and evaluations in
Indonesia, Philippines, Malaysia, Thailand, Canada, United
States, England, Ireland, Columbia, Peru, Brazil, Chile, Cameroon,
Namibia, Morocco, Hungary, and Romania;
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major $350 million oil developments in
Casablanca, Spain, Vega, Sicily, Prinos, Greece, Western
Desert-Egypt;
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oil exploration drilling at $35 million per year
in Newfoundland, North Sea- Britain, Straits of Hormuz,
Canada, and U.S.A.; and,
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the continued development and modernization of
Denison surface and underground facilities at the Company's flagship
uranium project in Elliot Lake to satisfy the major uranium supply
contracts for the giant Ontario Hydro power company
and six Japanese utility companies.
During 1975-1979,
Mr. Frame was Executive Vice-President and then, President, Mining
Operations, for
Denison Mines Ltd., at its underground
uranium mines and processing facilities at Elliot Lake, Canada.
Denison's new 25-year contract with the giant
Ontario Hydro
power company required a further expansion and modernization of the
mining and processing operations. Over a period of two years and at a
cost of $350 million, the facilities reached their planned production
potential, while addressing and satisfactorily resolving enormous new
changes to governmental environment and health requirements for both
underground and surface uranium operations which required tremendous
innovation and inventiveness. Mr. Frame reported to the Chairman, and
was totally responsible for Denison's day-to-day operations, as well as
its expansion.
During 1972-1974, he was Vice-President, General
Manager, for Tara Mines Ltd., in Ireland, where he developed, set up
and put into production Europe's largest zinc/lead mining facility
(7,500 tpd, designed to expand to 10,000 tpd). He was totally responsible
for all technical, planning, equipment selection, and operational aspects,
including underground and surface, as well as all dealings local and national
government. The Tara mine had a very high public profile because of its
location in an area of extreme environmental (under the confluence of two
famous salmon fishing rivers), historical (in and under a town occupied for
thousands of years), and cultural (in an area of settled existence, with
societal mores, peaceful, and unfamiliar with mining) sensitivities. Tara was
successfully opened in 1976 at a cost of $300 million and has operated without
major issues since that time, even expanding its production based on Mr. Frame's
designs. Tara Mines is quite likely the most monitored mine in the world with
all the information readily available to the public.
During 1969-1971, Mr. Frame was Vice President,
Operations, for Inco Australasia and Indonesia, based in Sydney,
Australia, the overseas division of the Canadian giant
International
Nickel Company Ltd. (Inco), the largest producer of nickel and cobalt
in the world. He was technical head of the company activities and
assessed, investigated and evaluated six major nickel prospects in
Indonesia and Australia: Widgiemooltha, Wingellina, Rockhampton,
Solomons, Pamalaa, and Soroako. He initiated the set up, including
development work, roads, camps, bulk samples, tribal and government
relations, for the very successful $2 billion world-class
PT Inco
Indonesia Soroako nickel laterite project
in Sulawesi, Indonesia.
During 1966-1968, Mr. Frame worked for
Denison Mines Ltd. at the Company's
operations at Elliot Lake, Canada, as Assistant General Manager reporting
to the Chief Operating Officer. He had the responsibility, in response
to rising global uranium demand and prices and to satisfy new large
uranium contracts with Japanese power companies, for and led the company's
comprehensive efforts of modernizing and increasing production output and
efficiencies of the mine's surface and underground facilities. As a
result of extensive operational changes, the mine's production rates
increased from 10 tonnes per manshift (tpms) to 27 tpms within three
years and costs were reduced from over $5 per pound of U203 to $3, s
etting up the prosperity of that company for years to come.
During the early years of his career, as a part of his career development
plan, Clifford Frame worked at different mine sites in varied operations
and technical positions gaining first hand solid fundamental practical
hands-on wide experience. Companies he worked for include:
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International Nickel Company Ltd., the large world-class Canadian producer of nickel and cobalt,
at its Manitoba Division, in Thompson, Canada (1960 — 1966): Chief Planning Engineer, Manitoba Division;
pre-development of five mines including eight mine shafts and a three-mile high speed underground
transport network, and full assessment of several prospective mines; total responsibility for all
design, engineering, contact mining, and equipment selection for both surface and underground operations;
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Denison Mines Ltd, the large world-class Canadian producer of uranium yellowcake, at its
operations at Elliot Lake, Canada (1958 — 1960: Mine Shift Boss, Mine Captain, responsible for shift
and day-to-day operations including 150 miners and underground equipment and facilities);
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Britannia Mines Ltd., at its 5,000 tpd chalcopyrite (copper) mining and processing facilities,
the largest in North America, in British Columbia, Canada which, with innovative and inventive management,
operated in a self-sufficient manner continuously during from 1790 to 1965 (1956-1957: Development Engineer,
deepened No. 8 shaft and rehabilitated related facilities to reopen the No. 8 Mine while performing numerous
other duties, and Contract Miner (raise and stope) miner, performing muck-drill-blast operations on a
contract basis);
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Cominco Ltd., the vertically integrated Canadian
producer of zinc metal, the world's largest, at
its underground mines, processing facilities and smelter in Mr. Frame's home-town of Trail, British
Columbia (summers high school and university 1951 — 1955: laborer throughout all of the facilities,
surveyor assistant, engineer's assistant, received formal mining training, Miner Certificate).
Mr. Clifford Frame has over the years served on
numerous Boards of Directors including OntZinc
Corporation, Global Uranium Ltd., Silvermet Ltd., Curragh Inc., Frame Mining Ltd., Quintette Coal Ltd.,
Belcourt Coal Ltd., SRI International Ltd., Saxon Coal Ltd., Coalspur Ltd., Potcan Potash Ltd.,
Denison Mines Ltd., Sherritt Gordon Ltd., Viridian Fertilizer Ltd., Asturiana de Zinc, Blackhawk Mining Ltd.,
Fluoride B.C. Ltd., and numerous executive committees, joint ventures and partnerships.
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