Peñasquito Mine aims to extend its life span

The Newmont Peñasquito open-pit mine, installed in the Municipality of Mazapil, state of Zacatecas, Mexico, intends to maintain its production beyond the seven-year life period it has calculated, according to company executives. The commercial activity of the mine, a leader in gold extraction but also a producer of copper, silver, zinc and lead, began 14 years ago and gradually increased…

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Thiess selected as partner for Stobie project

Vale Base Metals has signed an agreement with Thiess, where the mining services company will work closely with the United Steelworkers and local Indigenous businesses to extract critical minerals from Vale’s Stobie open-pit mining project in Ontario, Canada. “This is a first-of-its-kind contract for Vale,” said Gord Gilpin, director of Ontario Operations for Vale Base Metals. “It delivers on our…

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