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Based in Tucson, Nord commenced cathode production from residual leaching operations at the
Johnson Camp Mine in
January 2008 and from new
ore in January 2009. In July
2010, the Company
temporarily suspended the
mining and crushing of ore.
As a result, the Company
realized an immediate
reduction of costs and an
increase in operating cash
flow from the production of
copper achieved through
continued leaching of ore.
The company expects full
operations will resume once
a new leach pad is
constructed pending
completion of financing. Our
current reactivation plan
includes achieving the
designed copper production
rate of 25 million pounds
per year of copper cathode
within a year after securing
financing.
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