Reporter

Nippissing Mines Co., Ltd., a Ventures subsidiary, has bought into the, Vermont Copper Co. Inc. which operates a copper mine in Vermont producing 700 tons daily. The Vermont Mining Co. has been in operation since 1943 under the present management. When present owners wanted to convert their holdings to cash, the Ventures people saw possibilities in the area which, has been little explored but has a sizable production record. Final approval of the Anaconda-Harvey project for a 72,000 ton aluminum reduction plant at Kalispell, Mont., has been announced by Defense Production Administration. After considerable discussion in the past few weeks regarding Anaconda's entrance into the aluminum field, the approval stated "clearly the best arrangement."