Metso Outotec said it is expanding its service centers in Antofagasta, Chile, and Arequipa, Peru, to meet mining customers’ growing needs for servicing large and heavy equipment. The OEM is investing EUR 13 million into increasing lifting capacity and machining capabilities. After the expansions, the centers will be able to repair and refurbish large HRC and HPGR, Vertimill grinding technology,…
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Codelco renews Innergex contract through 2032
Aligning with its 2050 decarbonization goal, Chile’s state-owned Codelco has renewed a clean energy contract with Canada’s Innergex Renewable Energy for its Gabriela Mistral mining division in northern Chile.. The new contract became effective April 1, and will run until the end of 2032. “This clean energy project allows us to avoid the emission of 15,000 tons of carbon dioxide…
Read MoreStracon, Zijin renew Buritica partnership
Mining contractor Stracon has confirmed the renewal of its contract with Zijin Continental Gold to extend its services at the Buritica underground gold project in Antioquia, Colombia. After 20 months of initial work, the two have extended their time for an additional three years. Initial projects included the development and preparation of 600 meters per month in horizontal mining operations…
Read MoreCodelco selects Sandvik for El Teniente automation
Sandvik has received a SEK 180 million (US$17.2 million) automated equipment order from top copper producer Codelco to outfit its fleet at the El Teniente mine in Chile. The order, booked in 1Q23, is to supply an AutoMine Fleet automation system and six autonomous loaders for the Recursos Norte operations at the El Teniente mine. The Toro LH514 loaders and…
Read MoreRio Tinto, First Quantum team up to advance La Granja
Rio Tinto has inked a joint venture agreement to progress development of one of the world’s largest undeveloped copper deposits, the La Granja copper project in Peru. Under the proposed transaction, First Quantum will acquire a 55% stake in the project for $105 million. It will also further invest up to $546 million into the JV for capital and operational…
Read MoreFirst copper achieved at Teck’s QB2
Teck has taken another broad step forward toward commissioning and full production at its Quebrada Blanca Phase 2 project (QB2) in northern Chile – production of the mine’s first bulk copper concentrate. CEO Jonathan Price said, at full production, QB2 will double Teck’s copper production on a consolidated basis, as it is one of the world’s largest undeveloped resources of…
Read MoreLundin Mining buying 51% of JX’s Caserones
Canadian producer Lundin Mining confirmed it is acquiring a majority interest (51%) of JX Nippon Mining and Metals subsidiary SCM Minera Lumina Copper Chile, operator of the Caserones copper-molybdenum mine in the Atacama Region of Chile. The price tag on the deal is about $950 million, including $800 million in cash consideration and $150 million in deferred cash payable in…
Read MoreCerro Lindo back online after site flooding
Nexa Resources has resumed operations at the Cerro Lindo polymetallic operation in the Chavín District, Chincha Province, Peru, after recent heavy rains left the mine flooded. The Luxembourg-based miner said March 28 that road access has been restored, though some drainage systems are still being repaired. The plant is currently operating according to the company’s production plan, 17,000 tonnes per…
Read MoreFirst Majestic halts mining at Jerritt Canyon
First Majestic Silver is citing high costs and other challenges for the temporary suspension of operations at its Jerritt Canyon mine in Elko County, Nevada. Full story.
Read MoreCodelco’s El Teniente mine earns Copper Mark
Chile state-owned copper producer Codelco has received the highly sought-after Copper Mark sustainability certification for its El Teniente operation. A Reuters report said the news comes after Codelco confirmed last year it would seek the certification for all of its mines by the end of this year, with El Teniente, south of Santiago, being first. Chile’s largest global copper producer,…
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