Leading Developments

In its third quarter earnings statement, Rio Tinto reported record quarterly and year-to-date iron ore shipments, production and rail volumes. Sales from the Pilbara continued to exceed production in...

Latin America

Newmont Mining has given the go-ahead for development of its Merian open-pit gold mine in northeast Suriname, with production planned to average 300,000 to 400,000 oz/y of gold over a project life of 11...
More inLatin America  

Africa

Impala Platinum and its 87% owned Zimplats Holdings subsidiary announced on August 20 that all mining activity at their Bimha underground platinum mine in Zimbabwe was being shut down due to...
More inAfrica  

Asia

Turquoise Hill Resources reported in mid-August the signing of an agreement between the government of Mongolia and Oyu Tolgoi LLC, the operating company for the Oyu Tolgoi mine, for cooperation in...
More inAsia  

US & Canada

Cameco announced on August 27 that, in response to receiving a strike notice from the United Steelworkers Local 8914, the company had initiated a shutdown of its McArthur River mine-regarded as the...
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]