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NORTHERN SUN MINING CORP LBEFF

Metals & Mining Industrial Metals & Minerals


GREY:LBEFF - Post by User

NORTHERN SUN MINING CORP
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Comment by ExSudburyGuy2on Aug 01, 2007 1:35pm
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Post# 13186548

RE: Secondary metal credits

RE: Secondary metal creditsWhat are you looking for specifically? The basic meaning is that a mining company offsets the cost of production of a primary metal by selling secondary metals retrieved in the process. The best example I can think of off the top of my head is Xstrata's (ex-Falconbridge's) Nickel Rim property in Sudbury. It will be a nickel mine but the value of the secondary metals (copper, platinum, palladium) is so high that Xstrata's cost of mining the nickel will actually be negative... more than offset by the value of the other metals.
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