Liberty remains in red ink as it idles Timmins nickel mine

Nov 16, 2012 | 11:05 AM | Thorsten Schier

Tags  Liberty Mines, nickel, Timmins, Chris Stewart, thorsten schier

NEW YORK — Liberty Mines Inc. remained in the red in the third quarter, when it processed and shipped 423,265 pounds of nickel before putting its Timmins Mine on care and maintenance.

The Toronto-based company posted a net loss of Canadian $8.46 million ($8.44 million) for the three months ended Sept. 30, a slight improvement from an C$8.49-million loss in the same period last year as revenue....

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