Cambior Completes Rosebel Feasibility Study - Mineral Reserves Increase to 1.9 Million Ounces.

Extract


Cambior Completes Rosebel Feasibility Study - Mineral Reserves Increase to 1.9 Million Ounces.

Business Editors

LONGUEUIL, Quebec--(BUSINESS WIRE)--Aug. 29, 2002

Cambior (AMEX:CBJ) (TSX:CBJ)

(all amounts are expressed in U.S. dollars)

Cambior is pleased to announce the completion of a feasibility study for the Rosebel open pit gold project located in Suriname, approximately 80 km south of the capital city of Paramaribo. Highlights of the study include:

-- Obtaining the right of exploitation to the Rosebel property from the Government of Suriname; -- Finalizing the amendments to the Mineral Agreement; -- Securing the necessary financing for construction and development of the Project; and -- Subscribing to foreign investment insurance. MINERAL RESERVES

Cambior is pleased to announce a sign...

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