TRAINING

The training programme is continuing at the Cassiar Mine. In spite of this and all other efforts,
production and maintenance programmes have been seriously hampered by a shortage of tradesmen
and labourers.

LABOUR

A collective bargaining agreement, effective December 1, 1972 and expiring December 1, 1974
has been signed with the United Steelworkers of America, Local 6536, Cassiar, British Columbia. A
similar agreement has been signed with Local 925, Whitehorse, Yukon Territory, effective December 1,
1972 and expiring March 1, 1975.

At the Clinton Mine, Local 564 of the United Steelworkers of America has been replaced by
Local 1, Canadian Mine Workers and negotiations are currently taking place with the assistance of a
conciliation officer.

ACKNOWLEDGEMENTS

The directors wish to acknowledge the loyal and efficient service given the company by the
staff and employees of all divisions.

On behalf of the Board,

J. D. CHRISTIAN,
Chairman and President.

Toronto, Canada,
March 13, 1973.

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