Falconbridge in red, suspends Falcondo (October 22, 2001)

Low base metal prices have forced Falconbridge (FL-T) to suspend production at its Falcondo operations in the Dominican Republic.The 3-month shutdown took effect Oct. 21, with the 2001 production forecast revised downward to 21,000 tonnes of ferronickel.Falcondo incurred a loss...

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