"We have suspended mining operations [at Lac des Iles] owing to high inventory levels, but we are continuing with our processing activities and to supply our customers," said Fabrizio Corti, Timcal's senior vice president, sales and marketing.
"We are looking around the world for other graphite deposits," Corti said, "but this does not mean that we are about to close Lac des Iles".
Graphite juniors exploring in the area include Vancouver-headquartered Cavan Ventures, which owns the Big Flake property approximately 8km south-east of Timcal's mine; Standard Graphite, also based in Vancouver, which is developing the Mousseau East deposit 50km north of Lac des Iles; and Montreal-registered Canada Strategic Metals, which is exploring the La Loutre project, 53km west of the site.
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