April 16, 1989 Rossland resident judges pianists The Young Keyboard Artists Association international Piano Competition was held at Chapman College, Los Angéles during Easter week Helen Dahistrom of Rossland was one of the 15 judges for this com- petition, the only judge from Canada. There were more than $00 young pianists from many countries, cluding Canada, performing under in- tense but realistic pressure. Despite their youth, the calibre of playing proved to be at a high professional level. The YKAA was formed to provide very gifted young performers a platform from which to launch professional careers. The finalists. competed for two grand pianos, more than $10,000 in cash HELEN DAHLSTROM . . competition judge prizes and the opportunity to perform as featured soloists with many sym- phony orchestras as well as other con: cert engagements 9.2" Pad Castlegar News 1989 Review, April 16, 1989 The Outlook is Positive Supplement tothe a. Castlégar News Sunday, April 16, 1989 eit Sao The West Kootenay is an area continuing to progress economically. A number of major construction projects that are about to begin and the continuing recovery of existing in- dustries have led to growing optimism among the region’s leaders that the lean years of the 1980s are finally behind us. Sometimes it’s easy to overlook the positive things that are happening around us everyday. With this in mind, the 1989 WEST KOOTENAY Castlegar News is proud to present its 10th annual Progress Edition which demonstrates that we live in an area filled with aggressive and progressive business people and in- dividuals. We're proud to be part of the West Kootenay area and to show our readers on the pages that follow some of the positive aspects of recreation, education, business, in- dustry, the arts and tourism in our region. J Review Now until April 30, 1989 ( SWEETER STILL } Award winners Citizenship awards were announced recently for the months of February and March at Twin Rivers Elementary School. Winners are: (from left) back row, Derek Handley, Tony Medeiros, Amy Strilaett, Philipp Marnie honoff, Leanna Gri , Robert Bleier. Middle row: Edina Rezansoff h Condy, Mario Duarte, David St Front row: Doug Rizzotti, Mireille oe heen Ellis, cheryl Scott, Riston Turner. Mi tHadtey-Kandice Hotfert, Selina Malekoft: Wedding trivia t Mining companies head to U.S. sites By SUSAN YELLIN The Canadian Press They aren't shootin’ craps near the arid mountain ranges of Nevada ° In the rocky deserts of the U.S. Southwest, Canadian mining companies have succumbed to gold fever, but are taking careful steps to protect’ themselves from ever fluctuating gold prices Not far from the clanging slot machines and posh bac carat tables of Reno and Las Vegas, trucks and machinery rumble almost non-stop for companies like Toronto-based American Barrick Resources and Corona Corp While company executives and‘@ther experts readily admit mining is a risky business, their financial strategies and the geologicatadvantages offered. at_S. sites makeita lucrative venture. “We've gone where the opportunities are,”’ said Belle Mulligan, senior vice-president Of investor relations with American Barrick Unlike Northern Ontario where gold deposits are deep in the ground and more expensive to get to, Nevada deposits are horizontal and basically ‘pick and shoyel’ operations, said Catherine Gignac, a gold analyst with Merrill Lynch Canada The gold is then eaily piled on to pads and sprayed with a weak sodium cyanide solution which frees the gold from the rock Bob Smith, president of American Barrick Resources, also said a more favorable tax structure in the U.S. has made places like Nevada and Utah more alluring tc Canadian mining companies Overall taxation amounts to about 45 per cent jin Canada, but drops to 3010 35 per cent in the States, he said Those pluses make the difference now that the heady days of $800 US an ounce for gold, hit in 1981,-are gone, replaced by prices closed to the $380 US level Although gold prices have dropped to their lowest levels in four years, analysts believe the price has about hit bottom And despite the slumping prices, Smith says his com pany isn’t taking a gamble with its giant Goldstrike project in Nevada “We've basically eliminated the risk through hedgin,”’ said Smith, referring to a way of reducing or even eliminating risk by buying on the futures market CUTTING RISK In the next three years, the company has about 75 per cent of its gold production hedged with a minimum price of around $430 US, he said Such protection is the key to mining, especially in gold, said Gignac Under hedgin, a delicate balancing act based on price predictions is used through options, a kind on contract in which the producer agrees to sell the gold for a fixed price during a specified time period. The company would buy a ‘‘call”* option if it thinks the price will go up, ora‘*put’' option if it believes the price of gold will drop. “They would buy puts and calls and basically balance them out so that one pays for the other and they can protect the prices they would receive,’* Gignac said American Barrick, which also has interests in mines in Ontario, Quebec, Utah and Alaska, announced earlier this year it was putting $365 million US in capital expenditures into the Goldstrike mine. Officials predict production at the mine will hit one million ounces by 1996 Just one of the pits in the Goldstrike project is expec ted to produce 12 million ounces of gold “So even if you run it at $250 gold, eight million oun: ces of that are economic,” said Mulligan At Corona Corp., which owns 10 mines throughout North America, keeping production costs down is the company’s major plan to guarding against cyclical gold prices, said Peter McBride, its director of public and in vestor relations Like other commodities, suchas soybeans.and wheat, gold is subject to. changing international supply and demand and worrying about an uncontrollable market is almost an exercise in futility, McBride said “So you-concentrate on making sure your operating costs are as low as possible so that you've got as much of a cushion there can possibly be betwen your break-even point and whatever the price of the commodity you're producing may be," he said Mealtime should be enjoyable ROCHESTER, N.Y. (AP) — Parents shouldn’t insist that their children have meals with them if dining together is an ordeal, says a child psychologist from the University of Rochester Medical Centre. “Family members benefit from eating together if they enjoy the oc- casions,”’ says Rita Underberg. “‘When mealtime becomes a trial, the unpleasantness may outweigh the good that comes from spending time with each other."” Underberg says the decision to share meals should depend partly’ on the children’s ages. Parents should generally feed toddlers or young children early “They can join the older kids for dessert and everyone will bé happier,” she says. Cough shouldn't be ignored ORADELL, NEW JERSEY (AP) A cough that last longer than four weeks should not be ignored or sup- pressed with cough syrup. Although often a result of inflam- mation following a cold, a cough can signal serious disease, including lung cancer, says Patient Care magazine. Once the underlying problem is identified, symptomatic treatment ranges from tea with brandy and honey to codeine. “OUR LOW PRICES” 1989 PONTIAC -FIREFLY $8695 1989 GMC S-15 PICKUP $9695 1989 PONTIAC SUNBIRD SEDAN $9995 1989 GMCS-15 EXTENDED CAB $12,395 For Your Convenience We're BRAND NEW PONTIAC TORONTO (CP) — Some wedding trivia from Especially for You, by Brian Serant Engagement Ring: The engagement ring originates with the practice of purchasing a bride. The ring represents part of the groom’s payment for the bride Diamond: The diamond was chosen as a symbol of enduring love because of —its—durabitity—and—beauty-—The tradition comes’from medieval Italy The Greeks also believed the flame in a white diamond reflected the flame of love Weather: It is thought that by get ting married on a cloudy day, the marriage itself may be cloudy, and that by marrying on a sunny day, the marriage will be bright and happy Shower: The bridal shower comes in the form of a story about a Dutch maiden falling in love with a poor miller. Her father so’ disapproved of the match that he would not give her a dowry. The miller's friend then “showered” her with gifts so she could start anew home Attire: The bride’s white dress dates back tothe Roman Empire. ttwascon sidered & Symbot- of purity Wearing something old, something new, Veil: To the Greeks and Romans, the veil was a sign of youth and purity In sqme cultures, the veil is worn to protect the bride from being seen by a jealous person or troublesmaking evil spirits. Wedding Party; The entire wedding party was dressed the same as the bride and groom to confuse the evil spirits and make it more difficult to find the couple Flowers: Some flowers represent certain qualities — lilies (purity); ivy (insoluable love); roses (love); herbs (fertility). According to tradition, whoever catches the bride's bouquet will be the next to marry Giving Away: In ancient times, the bride was considered the father’s property. The father usually arranged the marriage and sometimes the bride and groom would meet for the first time on their wedding day. The custom indicates that the parents approve of the marriage Wedding Ring: .Early Egyptians used_a_sing,, which has no beginning and-no end, as a symbol of unending love. Gold symbolized purity and beauty Ring-finger:.Jn-medieval England, the ring was placed-on three of the OPEN MONDAY WIN TICKETS Two subscribers pope until 5 p.m. ne 365-7266 by jed below. If your name appears, you're the jor draws for the next tive Fridays! H jews office Tuesday Wednesday to ‘aon, Find your name below ond good luck! GRAND AM $12,995 AUTOMOTIVE 100 Columbo Ave me 214) Columba Ave CASTLEGAR DRUG STORES ne 365-2955 era's 365-2155 365-3311 Shkurotolf, Box 17, Slocon Park 365-7702 SARTUE& GIBSON 2317-6th Ave, RESTAURANTS FASTATE GaRoUNS 2 Columbia Ave ; WOODWORKING 66 woooWwoRK 222.-\02nd. Cositey 365-7414 TRAVEL AGENCY MONME TRAVEL 1410 Bay Ave WANETA PLAZA 18100 Rock Island Mwy 368-5202 1989 PONTIAC TEMPEST SEDAN Steering You Straight Call Collect 365-2155 million facelift/ expansion COMINCO: Upgrading projects total $258 million Pulp Mill spending $90m this decade _Resurgence_| of University presencein Nelson: | Canadian International College/ Nelson Maloney Pontiac Buick GMC 1700 Columbia Ave., Castlegar DI. 5058 Call Collect 365-2155 something borrowed, something blue bride's fingers in turn to symboloze the % is said to bring prosperity Holy Trinity nthe disco Phone 365-5210 adetices