Leading Developments

In its third quarter earnings statement, Barrick Gold reported solid production and lower-than-expected costs, which drove a second reduction to annual all-in sustaining cost guidance this year. The...

Latin America

Newstrike Capital, a Canadian junior company headquartered in Vancouver, has reported robust results from an NI 43-101-compliant preliminary economic assessment (PEA) of its Ana Paula gold-silver...
More inLatin America  

Africa

Ivanhoe mines has transferred a combined 26% interest in its Platreef project on the Northern Limb of South Africa's Bushveld Complex to a black economic empowerment (BEE) structure, fulfilling...
More inAfrica  

Asia

Lydian International has announced positive results of an updated feasibility study of its 100% owned Amulsar gold project in southern Armenia. The study proposes development of a large-scale,...
More inAsia  

US & Canada

Uranerz Energy has delivered the first drums of U3O8 produced from its wholly-owned Nichols Ranch in-situ recovery uranium project in the Powder River Basin of Wyoming. The shipment of approximately 36,000...
More inUS & Canada  


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.

Let's stay in touch!

All of the latest mining news and our digital edition sent to your inbox once a week.

We'll never share your email address, and you can opt out at any time, we promise.

Precious Metals ($/oz)

[Most Recent Quotes from www.kitco.com]