First Nickel buys Sudbury mine

CANADIAN company First Nickel Inc has confirmed it's bought Falconbridge’s closed Lockerby mine near Sudbury in a deal valued at $C8.62 million and comprising cash, shares and the assumption of liabilities.

First Nickel buys Sudbury mine First Nickel buys Sudbury mine First Nickel buys Sudbury mine First Nickel buys Sudbury mine First Nickel buys Sudbury mine

Lockerby produced more than 8 million tonnes grading 1.79% nickel and 1.07% copper from 1976 until it shut down in September 2004.

Current resources were undisclosed.

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