AngloGold idles Brazilian operation

AngloGold Ashanti has placed one of its smallest operations, Corrego do Sitio (CDS) in Brazil, on care and maintenance to lower costs and stem runaway losses, reported Reuters. “The mine has been unable to sustain itself or to fund the capital needed to ensure its long-term future,” said AngloGold, noting that there were plans to sell CDS but it failed…

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Sigma Lithium eyes expansion of Brazilian project

Canadian-based Sigma Lithium has received positive economic results from a study to potentially triple integrated production of battery-grade sustainable lithium concentrate at its Grota do Cirilo project, currently in construction in Minas Gerais, Brazil. The study looked at increasing production from 270,000 tonnes/annum commencing in 2023 to 768,000 tpa in the second year, which could position Sigma as one of…

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Vale makes switch to natural gas for pelletizing 

Global miner Vale has entered into a contract to enable the supply of natural gas to its São Luís Plant in Maranhão, Brazil, starting in 2024, as the company attempts to reduce its carbon emissions by 33% by 2030. The plant will use natural gas supplied by Eneva and distributed by local firm Companhia Maranhense de Gás (Gasmar) in its…

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Kinross to suspend operations in Russia

After confirming 23 February that its assets in Russia were unaffected by new U.S sanctions and were operational, the Canadian-based senior miner said 2 March it was in the process of idling its portfolio in the region. Kinross executives said the company is “deeply concerned” about destruction and loss of life in Ukraine and offered support to those suffering in…

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Vale’s Minas Gerais ops partially reopen after Brazil rains

After halting some of its mines in Brazil on a deluge of rainfall in the country that lead to potential hazards and logistics issues, Vale has confirmed the partial and gradual restart of work in Minas Gerais. The miner said 17 January that it has re-established safety conditions, and thus resumed the Southeastern System, the trains transit on the Estrada…

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