Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Anaconda Mining has successfully completed an extensive array of circuit upgrades and regularly scheduled maintenance with minimal downtime at its Pine Cove mill in Newfoundland. Anaconda planned to make modifications to various areas of the mill, precipitated by the replacement of its two rotary drum filters. As a result, during the latter part of September and early October, the Pine Cove team installed new drum filters, relined the primary ball mill, converted a pregnant solution tank to be a fourth leach tank, added a new pregnant solution tank, modified all leach tanks and performed other routine maintenance items. (more…)