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.
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FLSmidth has been awarded a contract for the supply of a complete semi-mobile sizer station to gold producer Minera Peñasquito, which is owned by Goldcorp. The mine is located in the state of Zacatecas, Mexico, approximately 10 km west of Mazapil. The scope of the contract includes the design and supply of a semi-mobile station with a capacity of 12,500 t/h which FLSmidth claims to be the largest sizer station in the world. An FLSmidth test station has been supplied in order to validate the use of sizer technology for the project and all process equipment will be designed and manufactured by FLSmidth. FLSmidth supplies sizers through fully-owned subsidiary FLSmidth ABON, based in Victoria, Australia. (more…)
