Nordex to Supply Explosives to Canadian Mine

3 July 2011 (Last Updated July 3rd, 2011 18:30)

Nordex Explosives has entered into a supply agreement with First Nickel for the supply of explosive products to their Lockerby Mine in Ontario, Canada, for six years. Under the terms of the agreement, the explosive sales will be a function of the operating activities of First Nickel, and

Nordex Explosives has entered into a supply agreement with First Nickel for the supply of explosive products to their Lockerby Mine in Ontario, Canada, for six years.

Under the terms of the agreement, the explosive sales will be a function of the operating activities of First Nickel, and have no minimum volume or dollar commitment.

A feasibility study conducted by Genivar in 2009 has estimated the Lockerby mine's metal production as 51.7Mlb payable nickel, 34.4Mlb payable copper and 1.0Mlb of payable cobalt.

Nordex Explosives CEO Jim Taylor said First Nickel will be the first underground mining client for Nordex in the Sudbury region; the firm will expand its operations with the contract.