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Boliden invests in the Tara Mine in Ireland

Successful exploration at the Tara zinc mine in Ireland has identified a new mineralisation with an inferred mineral resource of 10 Mtonnes. Boliden has decided to expand the mine’s tailings dam and launch a programme to extend the life-of-mine.

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DMT contracted for 3D seismic Survey in Landau

 

The technology service provider DMT has been awarded a contract for a high-resolution 3D vibro-seismic survey to determine the geological structure of the subsoil in the Upper Rhine Plain. The seismic project will deploy approximately 7,000 wireless geophones and cover a total of around 58 km² in the Landau region (Rhineland-Palatinate).

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Sotkamo Silver announces Extension of Agreement with ABB Oy

Sotkamo Silver is delighted to announce that the agreement with ABB Oy concerning sales of technology, has been extended until June 30th 2017. The agreement covers engineering, design, delivery and supply of electrification, automation and instrumentation. The estimated value of the deliveries are about 5 million euro. The value of the supply financing is dependent on the value of the delivery.

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Samarco Update concerning Tailings and Restart of Operations

Samarco Mineração S.A (Samarco), BHP Billiton Brasil LTDA (BHP Billiton Brasil) and Vale. S.A (Vale) agreed a non-binding term sheet outlining the general terms and conditions for the use of Vale’s Timbopeba pit by Samarco to deposit its tailings, should Samarco restart. Vale would transfer the Timbopeba pit to Samarco and, as compensation, Samarco would supply to Vale an amount of non-processed ore (Run-of-Mine – ROM) for a certain period.

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New President of LKAB Berg & Betong

As of 1 February 2017, Björn Koorem will be President of LKAB Berg & Betong AB, a subsidiary group wholly own by LKAB. Among other things, the group provides contracting services in rock reinforcement and drifting, produces and delivers concrete and blasting agents, processes and hauls waste rock and minerals, and provides engineering, construction and maintenance services for LKAB and external customers.

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Endomines: Management Changes

Endomines has recruited a General Manager (“GM”) for its Pampalo Gold Mine and other operations at Karelian Gold Line, Finland. MSc (mining engineering) Seppo Tuovinen will take the post from the 1st of January 2017. Seppo Tuovinen will also act as the Managing Director for Endomines AB’s Finnish subsidiaries Endomines Oy and Kalvinit Oy.

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