First Greek mine adds Immersive simulation training

Eldorado Gold’s Hellas Gold arm has deployed Immersive Technologies’ simulation-based training at its Olympias gold-silver-lead-zinc mine in northern Greece, the first operation in the county to do so. Olympias, located in the Halkidiki Peninsula, has been undertaking a modernisation project; the addition of the trainers was part of its strategy to improve production rates and efficiency over the last calendar…

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Nexa halts Cerro Lindo production

Nexa Resources said that production at its Cerro Lindo mine in Peru is temporarily suspended due to the mine’s access road being illegally blocked by a small group of protestors. The miner said that there has been no material impact on Cerro Lindo’s production to date and it does not expect a change to the 2021 production guidance. Activities at…

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Oyu Tolgoi underground mine gets $75M jumpstart

Turquoise Hill confirms that the Oyu Tolgoi LLC board of directors has approved a bridging budget of $75 million to continue critical activities at the Oyu Tolgoi underground mine development project in southern Mongolia. The approval reflects the progress made during recent negotiations between Turquoise Hill, the Mongolian government and Rio Tinto about the expansion of the Oyu Tolgoi copper-gold…

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Sibanye-Stillwater acquires nickel, copper assets in Brazil

South African miner Sibanye-Stillwater has purchased the Santa Rita and Serrote mines in Brazil from Appian Capital Advisory for US$1.0 billion. The deal adds two low-cost, producing assets to the company’s green metals portfolio. “The transaction is a significant additional step in Sibanye-Stillwater’s ongoing strategy to position the business for continued value creation during our transition into a climate change…

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Brazil’s next underground mine advances

Nexa Resources said Oct. 13 that it has received the operating licence for its Aripuanã polymetallic project in Mato Grosso, Brazil. The project, which will be the company’s sixth underground mine, was given its license from the Environmental Secretariat of the state of Mato Grosso (SEMA) on Oct. 7. Aripuanã’s resource includes zinc, lead and copper. The site will also…

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