Care and maintenance

Buenaventura Announces Fourth Quarter 2023 Results for Production and Volume Sold per Metal

Retrieved on: 
Wednesday, February 14, 2024

Increased silver grades within scheduled 2024 mining areas will partially offset the expected processing volume decrease, with an increased silver production relative to 2023.

Key Points: 
  • Increased silver grades within scheduled 2024 mining areas will partially offset the expected processing volume decrease, with an increased silver production relative to 2023.
  • Orcopampa: 2023 gold production slightly exceeded guidance, as ore extracted during the 4Q23 had higher than anticipated gold grades.
  • Coimolache: 2023 gold production exceeded guidance, as optimized leach pad space enabled higher-than-planned volumes of ore treated during 4Q23.
  • 2023 lead and zinc production surpassed guidance while silver production underperformed guidance due to a short-term planning adjustment and to prioritize processing higher value ore production at Yumpag.

Government of Canada awards new contracts to advance clean-up of Faro Mine

Retrieved on: 
Wednesday, August 17, 2022

Spanning over 25 square kilometres, it is now the site of one of the most complex abandoned mine remediation projects in Canada.

Key Points: 
  • Spanning over 25 square kilometres, it is now the site of one of the most complex abandoned mine remediation projects in Canada.
  • In February 2022, the Main Construction Management and Care and Maintenance services contract was awarded to Parsons Inc .
  • The Main Construction Manager and Care and Maintenance services contractor will work alongside a number of other contractors engaged by Canada.
  • These contracts and standing offer include: Environmental Monitoring Services (EMS), Remediation Plan Design and Support Services (RPDSS), Regulatory Support Services and Geotechnical Support Services.

Voisey’s Bay Mine awarded Miner of the Year

Retrieved on: 
Thursday, November 25, 2021

Vales Voiseys Bay Mine has been working on the simultaneous development of two underground mines, while continuing operations of mining from the Ovoid.

Key Points: 
  • Vales Voiseys Bay Mine has been working on the simultaneous development of two underground mines, while continuing operations of mining from the Ovoid.
  • The mine expansion in Voiseys Bay will extend the life of mine until at least 2035 and provides for continuity of operations at the Long Harbour Processing Plant.
  • This award also recognizes that the Voiseys Bay Mine Expansion (VBME) project team have had zero Lost Time Injuries (LTI) on the project since it started.
  • Additionally, Vale is awarded the 2021 Miner of the Year for its health and safety contributions during the COVID-19 pandemic.

Sierra Metals Announces 30 Day Suspension of Its Mexican Mining Operations in Accordance With the Government Suspension of Non-essential Activities to Contain the Advancement of the COVID-19 Virus in Mexico

Retrieved on: 
Wednesday, April 1, 2020

This suspension includes all mining activities from March 30th to April 30th, 2020.

Key Points: 
  • This suspension includes all mining activities from March 30th to April 30th, 2020.
  • Our Cusi Mine is being placed on care and maintenance and employees will remain at home.
  • The Company has operating flexibility at Yauricocha in Peru and has been running at Normal levels in Mexico up until the suspension.
  • We continue to evaluate every option at all three operations and are suspending guidance until a complete review of operations is completed.