Pilot Tests Produce Ferronickel for Horizonte

Horizonte Minerals announced in early November completion of an integrated rotary kiln-electric furnace pilot plant campaign on ore from its 100% owned Araguaia laterite nickel project in Parà state, Brazil. The pilot campaign was conducted at the Morro Azul pilot plant in Minas Gerais state. The Morro Azul plant was originally built by Anglo American and is now operated by Morro Azul in association with IGEO of Sao Paulo, Brazil. The facility has been used by a number of major nickel companies, including Vale and Anglo American, for pilot test work, staff training and final product testing.

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Timmins Gold Acquires Process Plant for Ana Paula

Timmins Gold has agreed to buy the complete process plant and select auxiliary equipment used in the operation of Goldcorp’s El Sauzal mine in Chihuahua, Mexico for relocation to Timmins’ Ana Paula project, currently being developed in Guerrero, Mexico. Total purchase price is C$8 million. Closing of the transaction is subject to, among other things, completion of a C$6 million investment by Goldcorp in Timmins Gold by way of a non-brokered private placement.

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NGEx Studying Chile/Argentina Cross-border Copper-gold Project

NGEx Resources is conducting a preliminary economic assessment (PEA) of the potential for integrated development of the Los Helados and Josemaria copper-gold deposits, located about 12 km from each other on opposites sides of the Chile/Argentina border. Los Helados is located in Region III, Chile; Josemaria is located in San Juan province, Argentina.

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Alcoa Halting Suralco Alumina Production

Alcoa announced on September 14 that it is shutting down the remaining 887,000 mt/y of alumina refining capacity at the Suralco bauxite mining and refining operations in Suriname. The refinery is scheduled to be idled by November 30.

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