Engineering & Mining Journal

FEB 2019

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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NEWS - CONTINUED 26 E&MJ • FEBRUARY 2019 www.e-mj.com NEWS - CALENDAR OF EVENTS MARCH 10-13, 2019: Haulage & Loading, Hilton El Conquistador Resort, Tucson, Arizona, USA. Contact: Web: www.haulageandloading.com. APRIL 8-14, 2019: bauma, Messe Muenchen, Munich, Germany. Contact: Web: www.bauma.de. APRIL 23-25, 2019: MiningWorld Russia, Crocus Expo, Moscow, Russia. Contact: Web: www.miningworld.ru. APRIL 28-MAY 1, 2019: Canadian Institute of Mining (CIM 2019), Montreal, Canada. Contact: Web: www.cim.org. MAY 7-9, 2019: Arminera, Centro Costa Salguero, Buenos Aires, Argentina. Contact: Web: www.arminera.com.ar. MAY 18-25, 2019: ALTA 2019, 24 th Annual Metallurgical Conference, Perth, Australia. Contact: Web: www.altamet.com.au. MAY 20-22, 2019: Longwall USA, Pittsburgh, Pennsylvania, USA. Contact: Web: www.longwallusa.com. MAY 27-30, 2019: Exponor Chile 2019, Antofagasta, Chile. Contact: Web: www.exponor.cl. JUNE 4-6, 2019: The 39 th APCOM Mining Goes Digital conference, Wroclaw, Poland. Contact: Web: www.www.apcom.info. JUNE 6-7, 2019: Elko Mining Expo, Elko Nevada, USA. Contact: Web: www.ExploreElko.com. AUGUST 27-29, 2019: AIMEX, Sydney Showgrounds, Sydney, Australia. Contact: Web: www.aimex.au. SEPTEMBER 16-20, 2019: Perumin, Centro de Convenciones Cerro Juli, Arequipa, Peru. Contact: Web: perumin.com/perumin34/. SEPTEMBER 9-12, 2019: Exposibram, the Brazilian Mining Expo & Congress, Expominas, Belo Horizonte, Brazil. Contact: Web: www.portaldamineracao.com.br/exposibram. OCTOBER 9-10, 2019: China Mining 2019, Tianjin Meijiang Con- vention Center, Tianjin, Peoples Republic of China. Contact: Web: www.chinaminingtj.org. OCTOBER 30-NOVEMBER 2, 2019: China Coal & Mining Expo, New China International Exhibition Center, Beijing, China. Contact: Web: www.chinaminingcoal.com. DECEMBER 2-6, 2019: The 2019 American Exploration & Mining Association annual meeting, Nugget Casino Resort, Sparks, Nevada, USA. Contact: Web: www.miningamerica.org. ACTION The company maintained its pro- duction forecast for the year and now expects to invest $1.2 billion in 2019, an amount that will be partly used to ex- pand its Los Pelambres copper mine in Chile. Los Pelambres already provides about half of Antofagasta's production. For 2019, Antofagasta expects its copper production to be in the range of 750,000 mt to 790,000 mt. Peñoles Will Expand Zinc Plant Peñoles zinc plant expansion is sched- uled to begin in January, according to Ra- fael Rebollar, director of chemical metals at Met Mex Peñoles. He said the invest- ment of more than $350 million will be provided for the clean energy that is gen- erated in the wind farm that the company has in General Cepeda, Coahuila. "It looks like a very promising 2019, because we are already in process of starting the zinc plant and this has us very motivated to make this a year of re- cord production of Peñoles and here at the Torreón plant," he said. He also pointed out that some oper- ation tests were already carried out and some minor details have been completed. This month, they will be formally starting the operations to start the expansion in the facilities in order to meet the budget and deadlines set for the expansion proj- ect. Rebollar said the project generated 234 new jobs. Currently, Peñoles produces around 140,000 tons of zinc per year and, with the expansion, it will grow to 260,000 tons per year. About 80,000 tons of zinc will go to the United States market and the will be shipped to Europe. As for the power required for the new plant, it will be "green energy" supplied by a wind farm, whose installed capacity reaches 200 megawatts (MW). Every year, the wind farm produces around 90 MW, and the new zinc plant expansion will consume between 70 MW and 80 MW. Collahuasi Plans Major Investment Minera Collahuasi, owned by Glencore, Anglo American and JCR and located in the Tarapacá Region (northern Chile), has initiated the permitting process for the continued operations of its "Develop- ment of Infrastructure and Improvement of Productive Capacity" project, which it said will require an investment of US$3.2 billion over the next five years. With this initiative, the total amount of money in- vested for permitting new projects in Chile amounted to US$8.5 billion last year, with a total of 92 projects. This news comes on top of two oth- er recent major announcements: the de- velopment of Quebrada Blanca Phase 2 (US$5 billion) and the expansion at Los Pelambres (US$1.2 billion). Other nota- ble Chilean projects such as Rajo Inca (US$1 billion), Salares Norte (US$1 bil- lion) and Proyecto Blanco (US$527 mil- lion) also began the permitting process. As for the "Development of Infrastruc- ture and Improvement of Productive Ca- pacity" project, Doña Inés de Collahuasi mining company explained its objective is to ensure the continuity of copper mining operations for the next 20 years, improv- ing the sulphide processing capacity from 170,000 tons per day (t/d) to 210,000 t/d, extending and integrating the en- vironmental permits and considering a complementary source of water supply, which implies a decrease in the use of continental water. Therefore, the com- pany is considering the construction and operation of a seawater desalination plant to work along with its existing system for pumping and transporting desalinated water, the company said. The project will preserve approximately 19,000 jobs and add 2,000 construction-related jobs. (Regional News-Latin America - from p. 14)

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