Document:

Exhibit 4.64  

         

  

n e w s    r e l e a s e 

NORANDA REORGANIZES RECYCLING BUSINESS UNIT
  New Company Will Better Position Noranda As The Recycling Partner of Choice  

TORONTO, ONTARIO, July 8, 2003 — Noranda Inc. announced today that is has
re-organized its wholly-owned, U.S.-based, recycling operations into a new company called Noranda Recycling Inc. Noranda Recycling is part of Noranda's Canadian Copper and Recycling
business unit and is based in San Jose, California. 

The
new organization will consist of three recycling facilities that were previously operated by Micro Metallics Corporation. These facilities are located in San Jose and Roseville California, as well
as Lavergne, Tennessee. A fourth plant is located in East Providence, Rhode Island and was operated by Noranda Sampling Inc. The new Company will employ approximately 200 people. 

Noranda Inc.
is also in the process of commissioning a new end-of-life electronics' recycling facility in Brampton, Ontario. Production at the new facility is scheduled
to begin later in July and it is expected to process approximately one million pounds a month of end-of-life electronics. 

"Creating one organization that is dedicated to the sustainable recovery and recycling of metals will enable Noranda to better position its industry leading recycling services
to a broad range of manufacturers and suppliers," stated Steve Skurnac, President, Noranda Recycling Inc. "This also demonstrates Noranda's commitment to sustainable development as we strive to
become one of the world's leading recyclers of electronic materials and as the recycling partner of choice."

The
San Jose and East Providence facilities will continue to focus on copper and precious metal recovery from electronics, telecommunications, automotive, refining and metal fabrication industries.
The Brampton, Roseville and Lavergne facilities will focus on end-of-life electronics recycling through Noranda's relationship with Hewlett Packard and other original equipment
manufacturers. On average, approximately 150,000 tonnes (15%) of the raw material feed for Noranda's primary Canadian copper and recycling operations is derived from recyclable materials. 

.../2 

Noranda Inc. is a leading international mining and metals company with more than 49 mining and metallurgical operations and projects under
development in 17 countries. Noranda is one of the world's largest producers of zinc and nickel and is a significant producer of copper, primary and fabricated aluminum, lead, silver, gold, sulphuric
acid and cobalt. Noranda is also a major recycler of secondary copper, nickel and precious metals. Noranda employs over 15,000 people. It is listed on The Toronto Stock Exchange and The
New York Stock Exchange (NRD).

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CONTACTS:
www.noranda.com 

	Dale Coffin	Steve Skurnac
	Director, External Communications	President — Noranda Recycling Inc.
	416-982-7161	San Jose, California
	dale.coffin@toronto.norfalc.com	408-998-4930Exhibit 4.65  

         

  

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NORANDA PURCHASES ANTAMINA

NET PROCEEDS INTEREST FROM INMET  

Toronto, Canada; July 16, 2003 — Noranda Inc. (NRD) announced today that it
has purchased the 3.3 percent net proceeds interest ("NPI") relating to the Antamina copper and zinc mine in Peru from Inmet Mining Corporation for US$22.5 million. The purchase was
completed under a previously announced put-call agreement entered into between the two companies in February 2002. 

Noranda Inc. is a leading international mining and metals company with more than 49 mining and metallurgical operations and projects under
development in 17 countries. Noranda is one of the world's largest producers of zinc and nickel and is a significant producer of copper, primary and fabricated aluminum, lead, silver, gold, sulphuric
acid and cobalt. Noranda is also a major recycler of secondary copper, nickel and precious metals. Noranda employs over 15,000 people. It is listed on The Toronto Stock Exchange and The
New York Stock Exchange (NRD).

—30—

For
further information, please contact: 

	Media:	Investors:
	Dale Coffin	Sharon Loung
	Director, External Communications	Director, Investor Relations
	Noranda Inc.	Noranda Inc.
	416-982-7161	416-982-7337
	dale.coffin@toronto.norfalc.com	sharon.loung@toronto.norfalc.com

www.noranda.comExhibit 4.66  

         

  

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NORANDA CLOSES SALE OF PRIORITY UNITS OF NORANDA INCOME FUND  

TORONTO, July 17, 2003 — Noranda Inc. (NRD: NYSE, TSX) today announced that
it has closed the sale of its remaining 11,984,900 Priority Units of Noranda Income Fund (NIF.UN: TSX), at a price of $9.85 per unit, to a syndicate of underwriters led by CIBC World
Markets Inc. and Scotia Capital Inc. Following the offering, Noranda still has a 25% interest in the Fund through its holding of Ordinary Units of Noranda Income Limited Partnership,
which are exchangeable on a one for one basis for Priority Units of the Fund upon the occurrence of certain events. Net proceeds of the sale were used by Noranda toward repayment of debt. 

Noranda Inc. is a leading international mining and metals company with more than 49 mining and metallurgical operations and projects under
development in 17 countries. Noranda is one of the world's largest producers of zinc and nickel and is a significant producer of copper, primary and fabricated aluminum, lead, silver, gold, sulphuric
acid and cobalt. Noranda is also a
major recycler of secondary copper, nickel and precious metals. Noranda employs over 15,000 people. It is listed on The Toronto Stock Exchange and The New York Stock Exchange
(NRD).

The Noranda Income Fund was created to acquire Noranda's CEZinc Processing Facility and ancillary assets located in
Salaberry-de-Valleyfield, Quebec. The Processing Facility is the second-largest zinc processing facility in North America and the largest zinc processing facility in eastern
North America, where the majority of its customers are located. It produces refined zinc metal and various by by-products from zinc concentrates purchased from mining
operations.

— 30 — 

Contact:

Dale
Coffin

Director, External Communications

Noranda Inc.

dale.coffin@toronto.norfalc.com

Tel: 416-982-7161

www.noranda.comExhibit 4.67  

         

  

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NORANDA ANNOUNCES RECAPITALIZATION PLAN
  Net-Debt-to-Capitalization Ratio to Improve to 38% from 51%  

TORONTO, July 25, 2003 — Noranda today announced a recapitalization plan to
reposition the Company's balance sheet and operating capacity. The plan supports Noranda's strategic objective of having a strong balance sheet that will meet investment grade criteria and allow the
Company to benefit more fully from improving fundamentals in the copper and nickel sectors.

Noranda's recapitalization plan includes:  

	•
	the issuance of $500 million of common shares. Brascan Corporation, which currently owns approximately 40% of
Noranda's common shares, has agreed to subscribe for up to $300 million and $200 million is expected to be offered to the public. The proceeds will be used to reduce debt and redeem
$150 million of preferred shares recently issued to Brascan, as well as augment the Company's financial resources for opportunities in its principal operations;

	•
	the financial reporting and conversion of the balance sheet, as at July 1st, 2003, to U.S. dollars,  as U.S. dollars are
more representative of the Company's functional currency;

	•
	the reduction of the Company's quarterly dividend from $0.20 per share to $0.12 per share, representing a payout more in line
with other major mining and metals companies;

	•
	the issuance of up to US$300 million of term debt to pre-fund the Company's debt maturities, at an
appropriate time following completion of the common equity issue;

	•
	the release of Noranda's guarantees in the amount of US$422 million on the Antamina project loan with conversion of
these facilities to a non-recourse basis; and

	•
	the sale in June of 25% of the Noranda Income Fund to realize cash proceeds of $111 million and an
after-tax gain of $41 million in the third quarter.

The recapitalization plan and other recent transactions are expected to raise approximately $1 billion and should improve the Company's
net-debt-to-total-capitalization ratio to 38% from 51% at year-end 2002 upon completion of these initiatives.

.../2

Mr. Derek Pannell, President and Chief Executive Officer of Noranda, stated that, "During the last two years, we have taken the Company through a significant
transformation, shutting down unprofitable operations, reducing costs and bringing new low-cost operations into production. The operational restructuring is now largely complete. We have
undertaken a number of initiatives to strengthen our balance sheet and set our dividend at a long-term sustainable payout ratio more in line with our peers. Upon completion of these
initiatives, we will be well positioned operationally and financially to benefit from recovering metal prices."

This press release does not constitute an offer of any securities for sale. It has not been determined whether any of the securities will be registered in the
United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of the securities in the
United States will be made by means of a prospectus that may be obtained from the issuer and that will contain detailed information about the company and management, as well as financial
statements.

All
dollar amounts are expressed in Canadian dollars unless otherwise noted. 

*
* * * * * * 

Noranda Inc. is a leading international mining and metals company with more than 48 mining and metallurgical operations and projects under
development in 17 countries. Noranda is a major producer of nickel and copper, in addition to other metals. Noranda is listed on the Toronto and New York stock exchanges
(NRD).

—30— 

Contact:

Denis Couture

Vice-President, Communications and Public Affairs

Noranda Inc.

416-982-7020

denis.couture@toronto.norfalc.com

www.noranda.com

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