A worker strike at the Uchucchacua mine, owned by Peru’s largest publicly held precious metals miner Compañia de Minas Buenaventura, has stymied operations for an unknown period, the operator confirmed on Sept. 23. The strike, which first took hold on Sept. 13 at midnight local time, has included the blocking of access to the mine, but the company said all…
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Alcoa Corp. announced that it plans to restart 268,000 metric tons per year of aluminum capacity at the Alumar smelter in São Luís, Brazil, which has been fully curtailed since 2015.
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BHP’s Cerro Colorado copper mine was handed a small victory by Chile’s First Environmental Court when it ruled to suspend a water pumping ban for 90 days while the miner prepares a new operational continuity plan. The latest ruling allows BHP to extract 54 liters per second of water for production purposes, “for a final term of 90 calendar days.”…
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FLSmidth said it has booked an order for the third quarter of this year to complete an equipment and service work program for the Sales de Olaroz lithium facility in Argentina. The contract, which includes the installation supervision, commissioning and training, formalizes a relationship the two companies first began together in early 2020. FLSmidth said the new plant will increase…
Read MoreJaguar Mining released an exploration update from its strategic Iron Quadrangle joint venture with IAMGOLD Corp., noting the identification of five new high-potential trends over a 50 kilometer strike length in the mineral-rich region of Brazil. Jon Hill, vice president of geology and exploration at Jaguar Mining, said that the exploration team had made exceptional progress over the past year.…
Read MoreG Mining Ventures (GMIN) has signed off on the purchase of the Tocantinzinho gold project in northern Brazil from Eldorado Gold. Financial details were not released. Under the deal’s terms, Eldorado will become a cornerstone shareholder of GMIN, a Canadian-based group that is currently building itself up as an intermedia gold producer. Tocantinzinho is the first step in that path;…
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