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News   Featured News   Commodity slump forces First Nickel (T.FNI) to...

Commodity slump forces First Nickel (T.FNI) to halt operations at Lockerby

Canadian Press, The Canadian Press
0 Comments| June 8, 2015
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TORONTO _ First Nickel Inc. (TSX: FNI, Stock Forum) will idle the Lockerby nickel and copper mine near Sudbury, Ont., after current supplies of ore are used up, expected to be in the third quarter of 2015. The company had been planning further development at the mine but said Monday that it has decided to discontinue that work because of low nickel prices and production at Lockerby. First Nickel says the Lockerby mine with be either put on ``care and maintenance'' for a possible restart or closed.

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