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Thayer-Lindsley Mine

Co
12.56
USD/lb
-1.07
red
http://www.infomine.com/investment/metal-prices/cobalt/
Data as of May 21, 2013 12:00AM UTC
Cu
3.35
USD/lb
1.48
green
http://www.infomine.com/investment/metal-prices/copper/
Data as of May 21, 2013 12:00AM UTC
Ni
6.82
USD/lb
1.25
green
http://www.infomine.com/investment/metal-prices/nickel/
Data as of May 21, 2013 12:00AM UTC


Key Facts
Status: Past Producer
Type of Work: Underground
Location: Ontario, Canada
                 0 km of SUDBURY

Commodities: Cobalt, Copper, Nickel
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Latest Information
February 8, 2010
As of February 2010, the Company announced the early closure of the end of life Craig and Thayer-Lindsley mines.
February 9, 2009
Xstrata placed the Thayer-Lindsley mine on "care and maintenance" due to low nickel prices and low demand.
November 13, 2008
It was announced that the mine, with annual nickel output of 2,700 tonnes, will cease operation by the end of January 2009. In July 2007, Xstrata Nickel announced investment of $8.7 million in the Thayer-Lindsley mine to access additional ore, enhance productivity and extend the mine life by over one year. As a result of the investment, the mine life has been extended to the end of 2012. During 1998, the mine infrastructure program was completed, facilitating an increase in mine output from 250,000 tonnes to 400,000 tonnes of ore per year. In 1993, the mine operated at a rate of 500 tonne per day; underground exploration continued.
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