Engineering & Mining Journal

OCT 2017

Engineering and Mining Journal - Whether the market is copper, gold, nickel, iron ore, lead/zinc, PGM, diamonds or other commodities, E&MJ takes the lead in projecting trends, following development and reporting on the most efficient operating pr

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40 E&MJ; • OCTOBER 2017 www.e-mj.com NORDIC MINING 2017 Europe and hosts the company's largest mineral reserves. ... in Sweden ... Meanwhile in Sweden, Agnico Eagle has a 55% interest in the Barsele gold prospect, where inferred mineral resourc- es are estimated to be 21.7 million mt grading 1.72 g/mt of gold, containing 1.2 million oz. The company has report- ed that the deposit appears to have bulk tonnage and underground potential. Agnico Eagle can increase its holding to 70% by completing a prefeasibility study on the property, which, it said, appears to be geologically similar to its Goldex de- posit in Québec. Since 2015, Lundin Mining has been working on a project to increase plant ca- pacity at Zinkgruvan in central Sweden by 10%, with successful commissioning achieved earlier this year. The company has also been increasing the capacity of the mine's tailings dam. The embank- ment reached its final height last Novem- ber, and the first phase of the new dam should be completed shortly. The mine produced 78,500 mt of zinc during the year, 31,600 mt of lead and just 1,900 mt of copper. No copper ore was processed for much of the year, with the company maximizing plant capacity for higher-value zinc-lead ore. Lundin reported that current reserves are sufficient to sup- port mining for at least another 10 years. At the end of last year, Boliden pub- lished updated reserve estimates that provide an indication of the potential residual lifespans of its operations. Garpenberg in Sweden currently tops the Loading ore at Boliden's Garpenberg mine, where exploration during 2016 doubled the reserves and, hence, the mine life. (Photo: Boliden)

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