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.
The order comprises one ball mill. Metso’s scope of supply also includes a mill jack cradle, spare parts, and site erection supervision services. Metso has already supplied one SAG mill and two ball mills for this grinding circuit.
Kinross´ total investment to the project is approximately EUR 70 million. Kinross is a Canadian-based gold mining company with mines and projects located in the United States, Brazil, Chile, Ecuador and Russia. The company employs approximately 5,500 people worldwide. Kinross is listed on Toronto and New York Stock Exchanges.
Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com
Further information for the press, please contact:
Eduardo Kubric, Capital Mining Sales Director, Brazil, Mining and Construction Technology, Metso, tel. +55 15 2102 1636
