Agnico Eagle expands stake in First Nordic to 13%
First Nordic is finalizing its acquisition of the Oijärvi gold project in Finland.
Over time all operating conveyor belts stretch requiring adjustment to restore optimal tension. Failure to do so not only compromises handling efficiency but can also result in unplanned downtime and maintenance and therefore higher operating costs. This was the exact problem at British Gypsum in Barrow, England. It had become virtually impossible for the engineering team to adjust the conventional tensioners that the OEM had supplied with the conveyor system. Their design was wholly inadequate for the harsh operating environment in which they work. (more…)