Operations Restart at Yamana’s El Peñón Mine

Yamana Photo.jpg

Several members of a union representing miners at the El Peñón mine stage a sit-in at the employee camp. (Photo courtesy of Union No. 1)

Yamana Gold resumed operations at its El Peñón mine in Chile on January 17 after negotiating collective bargaining agreements with two unions who represent the mine’s underground workers. The collective bargaining agreements are for 40 months and 48 months, and are in line with the company’s preceding final offer, Yamana said. 

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Goldcorp To Sell Los Filos

Canadian gold group Goldcorp announced on January 12 the sale of its Los Filos gold mine, located in Mexico, to its compatriot Leagold for $438 million. 

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TAKRAF Secures FMC Assets

Global mining and bulk material handling equipment supplier, TAKRAF, acquired the assets of FMC Technologies’ Material Handling Systems (FMC MHS) business unit based in Lansdale, Pennsylvania. Based in Leipzig, Germany, Tenova TAKRAF provides integrated bulk material handling, solutions for mines and mills. 

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Atlas Copco to Split Into 2

Atlas Copco could spin off an operational area and a related division into a 12,000-employee mining and civil engineering company effective after April 2018. 

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