CaNickel Announces Second Quarter 2011 Financial Results and Debt Facility Arrangment

Base Metals Investing

CaNickel Mining (TSE:CML) reports its financial results for the second quarter of 2011 ended June 30, 2011.

CaNickel MiningĀ (TSX:CML) reports its financial results for the second quarter of 2011 ended June 30, 2011.

The press release is quoted as saying,

Mining operation at Bucko Lake Mine was resumed on April 22, 2011 and mill was re-commissioned on June 16, 2011 after the operation suspended in October 2010. In the second quarter of 2011, the Company mined 14,192 tonnes of ores and milled 9,723 tonnes of ore to produced 190,304 pounds of nickel compared to a total of 67,189 tonnes of ore mined, and a total of 58,605 tonnes of milled to produced a total of 1.2 million pounds of nickel in same period last year.

For the complete press release, click here.Ā 

The Conversation (0)
Ɨ