The Plomosas zinc/lead/silver mine, in Mexico, will move to an owner-operated mining operation, after ASX-listed Consolidated Zinc terminated the mining contractor, citing “significant deficiencies” in its performance.
The company believes that bringing mining contracting services in-house will have many benefits, including improved performance by working with a single on-site management team involved in all aspects of mining, by focusing on quality over quantity of material delivered to the service and savings by eliminating the contractor profit margin.