Asset report
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5 Pages

Lockerby nickel operation


Lockerby nickel operation

Report summary

The Lockerby Mine is located southwest of the City of Sudbury and was developed and operated by Falconbridge Limited from 1974 until 2004, extracting over 8 million tonnes of ore during that period.  First Nickel acquired the Lockerby Mine in June 2005 and commenced commercial production in 2006 extracting an additional 364,000 tonnes to October 2008 when the mine was placed on care and maintenance due to low metal prices. In January 2015, the Company announced the Lockerby Restructuring Plan, which aimed to reduce costs to a level that would enable FNI to continue to operate the Lockerby Mine through 2016. Despite this, the mine ultimately ceased operating in August and was placed on care and maintenance. In September it was announced that the mine would undergo rehabilitation.


What's included?

This report includes 2 file(s)

  • Lockerby - closed nickel operation PDF - 290.39 KB 5 Pages, 1 Tables, 1 Figures
  • Lockerby nickel operation XLS - 256.00 KB

Description

This Nickel Operation report provides a detailed analysis of the cost profile, process overview, products and key issues for this asset, as well as a detailed location map.

For nickel producers, advisors and financial companies, this report provides an understanding of the value and efficiency of the operation. Use this report to understand the competitive position, identify acquisition opportunities and strengthen business strategies.

Wood Mackenzie's cost methodology is the established global industry standard, relied on by the world’s leading investment banks and mining companies to make strategic, operational and investment decisions.

Our analysts are based in the markets they analyse, working with high-quality proprietary cost databases and cost curve analyses to write consistent and reliable insights. Our database includes over 2,450 asset analyses covering more than 1,000 companies worldwide.

  • Key facts
  • Summary and key issues
  • Location maps
  • Geology
  • Operations
    • Mining
    • Process
  • Timeline

In this report there are 2 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Detailed map
  • Geology
  • Operations
  • Timeline
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