|By Marketwired .||
|May 6, 2014 09:42 AM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 05/06/14 -- First Nickel Inc. ("FNI" or the "Company") (TSX: FNI) reports that an accident has occurred at its underground operations at the Lockerby Mine near Sudbury, Ontario. Mine rescue operations are underway to locate and assess the condition of two contractors. All other workers have reported in safely.
All underground activities except emergency requirements were suspended immediately upon knowledge of the accident.
FNI will continue to update the situation as more information becomes available.
FNI is a Canadian mining and exploration Company. The Company's mission is to be the most dynamic North American emerging base metal mining Company in which to work and invest and to be respected in the communities in which it operates. FNI owns and operates the Lockerby Mine in the Sudbury Basin in northern Ontario, which reached full production during 2013 and is the expected to produce approximately 14 million pounds of contained nickel and approximately 7 million pounds of contained copper in 2014, providing a foundation from which to grow the Company. More than half of FNI's common shares are held by institutional investors. FNI's shares are traded on the TSX under the symbol FNI.
Cautionary Statement Regarding Forward-Looking Information
Certain statements contained in this news release may contain forward-looking information about FNI. Forward-looking information can often be identified by the use of forward-looking terminology such as "anticipate", "believe", "continue", "budget", "forecast", "estimate", "schedule", "expect", "goal", "intend", "target", "potential", "objective", "may", "plan" or "will" or the negative thereof or variations thereon or similar terminology. Forward-looking information may include, but is not limited to: the continued operation of the Lockerby Mine; expectations of obtaining financing in the near term; future financial or operating performance of the Company and its projects; the future price of metals; the long term supply and demand for nickel; continuation of exploration activities; mineral reserve and mineral resource estimates; the realization of mineral resource estimates; costs of production and key supplies; capital, operating and exploration expenditures; forecasts of sales and production; costs and timing of the development of new and existing deposits; costs and timing of future exploration; the requirements for additional capital; government regulation of mining operations; environmental risks, reclamation expenses and/or title disputes or claims.
By its nature, forward-looking information is based on certain factors and assumptions which involve known and unknown risks, uncertainties and other factors which may cause the actual results, realization of mineral resources, performance or achievements of the Company, financial position or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Accordingly, actual events may differ materially from those implied by any forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, which speak only as of the date the statements were made and readers are also advised to consider such forward-looking information while considering the risk factors set forth in the management's discussion and analysis for the year ended December 31, 2012 under the heading "Risks and Uncertainties" and under the heading "Risk Factors" in the Company's Annual Information Form for the year ended December 31, 2012. The Company disclaims any intention or obligation to publicly update or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
Oct. 23, 2016 02:00 AM EDT Reads: 10,954
Oct. 23, 2016 01:45 AM EDT Reads: 659
Oct. 23, 2016 01:45 AM EDT Reads: 3,806
Oct. 23, 2016 01:30 AM EDT Reads: 1,025
Oct. 23, 2016 01:30 AM EDT Reads: 3,639
Oct. 23, 2016 01:15 AM EDT Reads: 877
Oct. 23, 2016 01:15 AM EDT Reads: 982
Oct. 23, 2016 12:45 AM EDT Reads: 3,519
Oct. 23, 2016 12:15 AM EDT Reads: 2,425
Oct. 23, 2016 12:00 AM EDT Reads: 1,188
Oct. 23, 2016 12:00 AM EDT Reads: 797
Oct. 23, 2016 12:00 AM EDT Reads: 430
Oct. 23, 2016 12:00 AM EDT Reads: 1,821
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
Oct. 22, 2016 11:45 PM EDT Reads: 4,460
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Oct. 22, 2016 11:45 PM EDT Reads: 707