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 [...]
First Nickel Inc. is pleased to announce the appointment of Mr. Gerry Bilodeau as General Manager - Sudbury Operations. Mr. Bilodeau has many years of senior operations management experience with Falconbridge/Noranda, most notably as Manager Mining at the Kidd Mine D Project in Timmins and as Project Superintendent during development and construction at Falconbridge’s [...]
First Nickel Inc. (TSX: FNI) reports additional high grade nickel-copper results on the remaining fifteen holes from the first stage of a drill program on the Lockerby Depth Zone. These results in combination with the 25 drill holes announced on November 30, 2006, will form the basis of a resource/reserve estimate to be completed on [...]
In a year fraught with production lags, First Nickel is rebounding as positive drill results from its Sudbury’s Premiere Ridge Project and impending plans to develop new ore resources kick the company into high gear.
Standing out as a highlight for new president and CEO, William Anderson is one particular drill hole at the Premier site. [...]
First Nickel Inc. announces that it has filed with the Canadian securities regulatory authorities its unaudited financial statements and management’s discussion and analysis of financial results for the three and nine months ended September 30, 2006.
The Company recorded net earnings of $1,424,209, or $0.02 per share for the three month period ended September 30, 2006. [...]
First Nickel Inc. announced the appointment of Lyle R. Hepburn and Rob Whittall to its Board of Directors.
Lyle R. Hepburn is a Partner in the law firm of Beach, Hepburn LLP. Since co-founding Beach, Hepburn LLP in 1985, Mr. Hepburn’s practice has been focused primarily on public mining and mineral exploration companies. Mr. Hepburn [...]
First Nickel Inc. (TSX: FNI) is pleased to provide an update and progress report on its underground operations and plans for the Lockerby Mine located in Sudbury, Ontario.
First Nickel is currently producing ore from the 61 and 63 levels on the Depth Zone. Development work is ongoing, advancing ramps on both the Depth and [...]
