First Nickel hits production targets

Jan 16, 2014 | 05:33 PM | Rey Mashayekhi

Tags  First Nickel, FNI, nickel, copper, Lockerby Mine, Sudbury Basin, Glencore Xstrata, Thomas B. Boehlert Rey Mashayekhi

NEW YORK — First Nickel Inc. (FNI) met its 2013 production guidance at its nickel and copper operations and predicted an increase in nickel output this year.

The Toronto-based mining company said it achieved full production at its Lockerby Mine in northern Ontario’s Sudbury Basin, producing about 12.8 million contained pounds of nickel—in the middle of its guidance range of 12.1 million to 13.5 million pounds. ....

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