NOW PRODUCING NICKEL!
Production of nickel concentrate at Bucko has begun;
activities are now focused on ramping
up to full commercial production and preparing for the first concentrate shipment expected in
January. Once in full production, the mine will produce at a rate of 1,000 tonnes per day
(tpd), yielding 11.1 million pounds of payable nickel per year on average.
Operating costs, including smelting and refining, are US$3.68/lb, based on a 0.80:1 US:Cdn
exchange rate.
2.97 M lbs of 2009 production hedged at an average realized price of US$7.74/lb
Minimal debt of US$6.1M
Rage Against The Machine
