 | |
| Company type | Public company |
|---|---|
| Industry | Mining |
| Founded | 28 August 1928 |
| Defunct | 28 October 2007 |
| Fate | Acquired by Xstrata in 2006, renamed in 2007 |
| Headquarters | Toronto, Ontario |
| Products | Copper, nickel, zinc, aluminium |
Number of employees | 20,000 (2005) |
Falconbridge Nickel Mines Limited was a Canadian mining company with operations in 18 countries, involved in the exploration, mining, processing, and marketing of metal and mineral products, including nickel, copper, cobalt, and platinum. In 1982 the company was renamed Falconbridge Limited. It was listed on the TSX (under the symbol FAL.LV) and NYSE (FAL), and had revenue of US$6.9 billion in 2005. In August 2006, it was absorbed by Swiss-based mining company Xstrata, which had formerly been a major shareholder. On 28 October 2007, Falconbridge Limited changed its name to the Xstrata Canada Corporation.[1]
Falconbridge, named after the town Falconbridge, which in turn was named for a prominent "son", one Sir William Glenholme Falconbridge, High Court Judge whose father John Kennedy Falconbridge, had migrated to Ontario from Lisburn Ireland.
Falconbridge was an important player in the economic and commercial development of the northern region of Ontario Canada, particularly the communities in and around Sudbury.
- ^ Staff, Canadian Mining Journal (28 October 2007). "NAME CHANGE – Good-bye Falconbridge". Canadian Mining Journal. Retrieved 5 September 2024.