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NICKEL MINING: FNX decides to carry on despite mill closure

ONTARIO - FNX Mining of Toronto has announced plans to continue mining with its full complement of employees despit...


ONTARIOFNX Mining of Toronto has announced plans to continue mining with its full complement of employees despite the eight-week shutdown of Vale Inco’s Clarabelle mill. The mill near Sudbury has been treating ore from FNX’s McCreedy West and Podolsky mines on a custom basis. Material will be stockpiled until the mill reopens.

 

Meanwhile, the company promised to continue underground development a both the Levack Footwall deposit and the 2000 deposit at the Podolsky mine.

 

FNX has several options available. These include shipping to an alternative third party processing facility, continuing to stockpile ore on surface or temporarily suspending ore production until the custom processing facilities resume operations. The custom mill is scheduled for resumption of operations on July 27, 2009, however there is a possibility that the shutdown might be further extended due to a labour interruption.

 

More information and news about FNX is available at www.FNXMining.com.


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