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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

Metals & Mining Industrial Metals & Minerals
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit
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Comment by stopedouton Nov 14, 2014 11:55am
352 Views
Post# 23129420

RE:Future for NIF.UN

RE:Future for NIF.UNAnother source is Scozinc. Selwyn sold their Scozinc project in Nova Scotia this summer to a group who plan to bring it back into production. It is permitted and ready to go. This would provide about 50000 tonnes of con. Bracemac's 100000 tonnes per year is not likely to go elsewhere due to the added cost of transport given the relative location of the NIF smelter. And it is highly likely that Bracemac mine life is extended.
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