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Print[Ferro-Alloys.com]First Nickel Inc announced preliminary fourth quarter and full year payable metal production for the Lockerby Mine in Sudbury, Ontario.
Payable nickel production from the Lockerby Mine is expected to be below the previously disclosed guidance range for the full year and fourth quarter by approximately 10% and 38%, respectively.
December nickel production was approximately 65% of the planned production rate as a result of unplanned rehabilitation work at a main ramp intersection which was completed in 2008. The habilitation work was completed, and operations recommenced on December 29th.
As a result of the shortfall in fourth quarter production, FNI now expects Lockerby to complete the ramp up and achieve full production in the first quarter of 2013, instead of in the fourth quarter of 2012.
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