The Chapada copper-gold mine, in the northwest Brazilian state of Goiás, began production in 2007 and is expected to churn out about 54,500 tonnes of the red metal and 100,000 ounces of gold this year.
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An independent lab ran a series of tests and average recovery rates ranged from 91.4% to 94%.
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Deal creates the world’s largest gold producer by market value, output and reserves.
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Investment will go towards more drilling, orebody studies, infrastructure improvements and permitting activities.
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Members of the community of Tacrara were demanding compensation for the use of a road that, according to them, Hudbay’s trucks were not supposed to be using.
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The device is capable of detecting 0.1 percent hydrogen in the air in less than a second.
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The Nueva Fuerabamba community agreed to let Las Bambas’ trucks circulate through the Corredor Minero del Sur.
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The miner maintains production guidance for 2019.
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The majority of production will feed the Japanese battery industry and will be sourced from the lithium carbonate produced from Orocobre’s Olaroz mine in Argentina.
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The company tested Cerro Hermoso’s Central Breccia zone, Stockwork zone and Carbonate Replacement zone.
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