Lundin Gold Awards Fruta del Norte Mine Development Contract
Lundin Gold’s wholly-owned subsidiary Aurelian Ecuador S.A. has awarded the mine development contract for its Fruta del Norte gold project in Ecuador to a 50:50 consortium of Ingenieria y Construcciones Mas Errazuriz of Chile and Sevilla y Martinez Ingenieros C.A. Semaica of Ecuador. The two companies are partnering as Lundin’s key contractor for development of the portals and twin declines to access the mine and for preparation of the mine for operations.
Production Advances at the Martha Mine in Argentina
After eight months of recommissioning of the Martha mine, located in Argentina’s Santa Cruz Province of Argentina, the property is now accelerating Hunt Mining’s transition from an exploration company to a full-fledged mining company. They recently announced their second shipment of silver-gold concentrate.
Horizonte Awards Feasibility Study Contracts for Araguaia
Horizonte Minerals has awarded contracts for a feasibility study of its 100% owned Araguaia nickel laterite project in Pará state, northeastern Brazil. The goal of the study is to deliver the most economically robust production scenario to produce 14,500 metric tons per year (mt/y) of nickel in ferronickel using rotary kiln electric furnace technology. The study is targeted for completion by the end of 2017 and is fully funded through to completion.