Business
Lundin Mining Provides Update on Chapada Operations
Lundin Mining Provides Update on Chapada Operations Canada NewsWire TORONTO...
About this update from Lundin Mining Corporation
[{"type":"text","content":"Lundin-Chapada-Update\n \n \n \n Lundin Mining Provides Update on Chapada Operations\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n TORONTO, Sept. 29, 2020\n \n \n \n \n \n TORONTO\n \n ,\n \n Sept. 29, 2020\n \n /CNW/ - (TSX: LUN) (Nasdaq: LUMI) (Stockholm: LUMI)\n \n Lundin Mining Corporation\n \n (\"Lundin Mining\" or the \"Company\") provides an initial update on the anticipated timeline to resume processing at the Chapada mine in\n \n Brazil\n \n . Activities are underway to resume partial processing within one week, with a return to full capacity currently expected to be achieved within 60 days.\n \n View PDF version\n \n \n \n The four mill motors that experienced damage have been removed and are currently being transported to repair facilities within\n \n Brazil\n \n . The motors are expected to arrive at the facilities later this week, with confirmation of the extent of repair required, cost and expectation of timing to be confirmed early next week. Repair costs are not expected to be material.\n \n \n The onsite spare motor has been installed on the SAG mill. The second spare motor is nearing completion of its rehabilitation and, pending final testing, is anticipated to arrive at the mine early next week. The Company is anticipating and making preparations to resume processing using these two motors on the SAG mill. It is expected that the rate of production would be approximately 30% of normal production capacity based on past experience operating this SAG mill circuit without the ball mill.\n \n \n The Company has also adjusted other activities in response to the interruption to normal processing. Mill maintenance originally planned for October of this year is being brought forward. Planning is underway to undertake crusher and conveyor maintenance. Mining activities have been refocused on building run of mine ore stockpile at the crushers, as well as waste removal and development activities.\n \n \n The Company will provide additional information and updates on the operation's 2020 guidance as appropriate.\n \n ...