The Indian government is considering changing its procurement rules to provide better flexibility for domestic miners to shop abroad for high-end mining equipment, including longwall technology.
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Leading Developments

Goldcorp purchased New Gold’s 30% interest in the El Morro copper-gold project in Chile, creating an opportunity for it to work with Teck Resources on a much larger project (Project Corridor)....

US & Canada

Midway Gold Corp. announced on June 22 that it was filing voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code. The announcement followed on the heels of a June 19...
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Outotec has signed a contract with Quadra FNX Mining Ltd. for the design and delivery of process solution to the new copper-molybdenum concentrator located in Sierra Gorda, close to Antofagasta in northern Chile. The contract value is about EUR 26 million.

Deliveries of Outotec TankCell e300 flotation cells, concentrate and tailings thickeners as well as filters are scheduled to be completed during 2012. In addition, Outotec also provides installation, commissioning and start-up services for the delivered equipment.

“Outotec is committed to providing process solutions that enable our customers to recover the valuable metals in the most sustainable manner possible. We are happy that our latest flotation and thickening developments were chosen for the new Sierra Gorda concentrator. The Outotec TankCell e300 is the most energy efficient flotation cell in the market with 20% lower energy consumption per processed ore ton compared to other available methods,” said Outotec CEO Pertti Korhonen.

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