McCreedy resumes shipments to Inco

Partners FNX Mining (FNX-T) and Dynatec (DY-T) are once again shipping ore from their McCreedy West mine to the Clarabelle mill of Inco (N-T).

Shipments had been stalled because of the three-month strike at the major’s Sudbury operations. In the meantime, a total of 4,040 tons of footwall ore from the 700 deposit were mined and stockpiled, as well as 1,500 tons of nickel ore from the Upper Main deposit.

Also unaffected by the strike was underground development in the Inter Main and East Main deposits. By October, both should have become accessible to mining, enabling the start of regular ore shipments early in the new year.

FNX owns a 75% stake in the Sudbury joint venture, leaving Dynatec with 25%. Dynatec manages underground development and mining.

The Sudbury joint venture includes five projects: McCreedy West, Levack, Victoria, Norman and Kirkwood. All were mined by Inco, and the major retains a right to process any ore that the pair pull from them.