FNX Mining Suspends Contact Nickel Production at Its Levack Mine

October 21, 2008 Filed Under: Copper Mining, Nickel Mining  

FNX Mining Company Inc. announced that, due to low commodity prices and low provisional metal accountabilities along with high operating costs at its Levack nickel contact deposits, the Company has suspended “commercial” production from that part of its Levack Complex. However, mining from the Levack nickel deposits will continue during the fourth quarter to produce about 35,000 tons of... 

First Nickel Places Lockerby Mine on Care and Maintenance

October 20, 2008 Filed Under: Nickel Mining  

First Nickel Inc. announced that, from today, it is suspending production and initiating a care and maintenance program at its wholly owned Lockerby Mine due to low metal prices and the challenging financial environment. The decision follows an extensive evaluation of mining scenarios and likely near term metal price projections that rule out the continuation of operations. The Lockerby Mine will be...