• Short Summary

    In a ceremony at Bonao, in the centre of the Dominican Republic, the Canadian nickel producer Falconbridge opened its major mining complex on Wednesday (21 June).

  • Description

    In a ceremony at Bonao, in the centre of the Dominican Republic, the Canadian nickel producer Falconbridge opened its major mining complex on Wednesday (21 June). The ceremony marked the Dominican Republic's joining the small group of primary nickel producers along with Canada, New Calendonia, Guatemala, Australia and the Philippines.

    Among those present at Wednesday's opening ceremony were Dominican President Joaquin Balaguer, Canadian Ambassador Donald S. McPhail and a number of high-ranking officials of the Falconbridge Company.

    Falconbridge Dominicana hopes eventually to produce around 60 million pounds (about 27 million Kgs) of nickel a year. This is about 60 per cent of the present total output of the Canadian parent company and some 6 per cent of present world production.

    The Bonao complex, about 60 miles (96 kms) northwest of Santo Domingo, is worth 180 million U.S. Dollars (about 67 million Pounds sterling). Construction began in 1969, but Canadian exploration teams first visited the Dominican Republic in 1955. At the moment, about 1,600 people are employed at the mine, of which all but a hundred are Dominican nationals.

    The complex is expected to be in full production later this year. It produces ferronickel in form of ingots, containing about 40 per cent nickel. Ferronickel is used in the production of stainless and alloy cent nickel. Ferronickel is used in the production of stainless and alloy steels.

    It's expected that the mine will open up the extensive mineral reserved believed to exist in the Dominican Republic, as well as assist the county's trade balance.

  • Tags

  • Data

    Film ID:
    VLVA9F471BKF42C4NI6503FZRZZQX
    Media URN:
    VLVA9F471BKF42C4NI6503FZRZZQX
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    23/06/1972
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:00:00
    Time in/Out:
    /
    Canister:
    N/A

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