Las Bambas Reopens Access Road

Las Bambas copper mine, one of the largest producers in Peru, said on Monday, February 13 it was operating normally and was transporting its minerals safely to the port after reopening an access road to the mine thanks to an agreement being reached with the Peruvian government. 

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Barrick Offers Update on Gold Projects

Barrick Gold reported progress on projects with the potential to contribute up to 1.1 million ounces (oz) of gold production at Cortez, Goldrush, Lagunas Norte and Turquoise Ridge. The company has also initiated a prefeasibility study to evaluate the construction of an underground mine at Lama, on the Argentinean side of the Pascua-Lama project. Optimization work in Chile remains under way. 

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Siemens Modernizes Drive Systems for Chilean Mills

Siemens has been commissioned to modernize the drive systems for four mills at the Collahuasi copper mine in northern Chile. The company will supply complete state-of-the-art drive systems comprising new motors and Flender couplings with torque limiting shear pin as well as new Sinamics SL150 cycloconverters with thyristor stacks. The new drive systems will give a huge boost to the reliability and consequently also the throughput of the mills, according to Siemens. The terms of the deal were not disclosed but the contract would be valued in the double-digit million dollar range.

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