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Dynatec Corporation

Dynatec currently has three ownership positions in its portfolio:

Ambatovy Nickel Project – A large-tonnage nickel project in Madagascar, which has the potential to become one of the world's largest nickel producers with extremely low unit operating costs - Shareholder agreement, October 30, 2006;

FNX Mining Company – An approximate 25% interest in FNX Mining Company, which Dynatec acquired in October 2005 in exchange for its 25% interest in the Sudbury Basin Joint Venture (SBJV) and 50% interest in Aurora Platinum Corporation in order to increase the Company's leverage to the value potential of the former SBJV properties;

Coal-bed methane – A wholly owned coal-bed methane lease covering 42,053 acres in West Virginia.
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