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Applications of Solmax’s Geosynthetic Drainage Design Tool: Drainage Geonets & Geocomposites in Solid Waste Containment Facilities

Normet Group Oy and Hindustan Zinc Limited signed a MoU to deploy battery-powered Service Equipment and Utility Vehicle in their Underground Mining

Zinc and, Normet Group Oy, represented by Mr. Subhasis Mohanty, Vice President, India Sales Area signed a Memorandum of Understanding (MoU) to introduce Normet SmartDrive® - a modular Battery Electric Vehicle (BEV) to Hindustan Zinc with an aim to not just bring electromobility in Hindustan Zinc operations but also lead the way for decarbonizing the future of Indian mining. 

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Investment in Expansion of Boliden Kristineberg in Sweden

Boliden has decided to invest SEK 1,250 m in expanding the Kristineberg mine towards the Rävliden mineralization. Most of the investment is conditional on a permit being received for an increase in production. The expansion is expected to contribute to an increase in milled volumes in the Boliden Area to 1.8 Mt.

“This is a very important step in future-proofing the entire Boliden Area. The expansion and modernization of the mine will take place in several stages, during which we will, of course, also evaluate opportunities for employing fossil-free technology. In parallel, we will continue with exploration efforts in the area,” says Stefan Romedahl, President of Business Area Mines.

Boliden has submitted an application for expanded production at the Kristineberg mine to the Swedish Land and Environment Court. At the same time, it has been decided to make preparatory investments in, among other things, infrastructure and water treatment. Conditional on the application being approved, Boliden will complete the investment, which includes a new ramp and a new crushing station. The investment amounts to SEK 1,250 m and production is expected to start in 2023. A completed expansion will mean, in addition to increased mine production, that the life of the Kristineberg mine will be extended and that capacity utilization in the Boliden Area’s concentrator will be improved.

Completed exploration of the Rävliden mineralization has resulted in 8.4 Mt of inferred and indicated mineral resources, with the possibility of additional reserves. The deposit contains copper, zinc, lead, silver and gold.

Source: Boliden

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Production Capacity in Aitik and Tara restored

Production capacity in Aitik and Tara is now fully restored after previously announced disruptions due to covid-19 and breakdowns. Impact on operating profit in Business Area Mines is estimated to amount to SEK -300 million in Q1, compared with SEK -200 million that was previously communicated.

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Metso Outotec wins EUR 100 Million Order for Delivery of complete Key Equipment for a new Zinc Plant in Russia

Metso Outotec has signed a contract to deliver a complete package of key process equipment for a greenfield zinc plant in Verkhny Ufaley in the Chelyabinsk region in Russia. The contract value of approximately EUR 100 million has been booked in Metso Outotec’s fourth-quarter 2020 order intake, a quarter of which will be booked in Minerals segment and the rest in Metals segment.

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Glencore completes Acquisition of voting Shares of Volcan Compañia Minera S.A.A.

Glencore refers to its announcement of 3 October 2017, in which it announced that it intended to make an offer to all of Volcan's shareholders via a public tender offer or oferta pública de adquisición de acciones subject to the laws and regulations of the Republic of Peru for up to 48.19% of the total class A common shares of Volcan at an offer consideration of US$1.215 per class A common share ("Offer").

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Glencore Zinc Transaction with Trevali

 

Glencore plc announce that it has entered into a definitive agreement with Trevali Mining Corporation, whereby Trevali will purchase Glencore's 80% interest in the Rosh Pinah mine in Namibia and 90% interest in the Perkoa mine in Burkina Faso.

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New Life for Century Mine in Queensland

MMG Limited (MMG) entered into agreements with Century Mine Rehabilitation Project Pty Ltd, a subsidiary of Century Bull Pty Ltd (Century Bull), to effect the transfer of the former Century zinc mine in North West Queensland.

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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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