Mining News of Note Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mining News of Note

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LoneClone who wrote (161638)	12/1/2021 5:50:27 PM
From: LoneClone	Read Replies (1) of 192806

Chinchillas throw wrench in Gold Fields’ Chile mine expansion plan mining.com Bloomberg News \| December 1, 2021 \| 1:47 pm Top Companies Latin America Gold The Salares Norte gold project is located in the Atacama region of northern Chile. (Image courtesy of Gold Fields Chile.) Gold Fields Ltd.’s flagship $860 million expansion project in Chile has stumbled over a large rodent, whose prized fur saw it hunted to the brink of extinction. The Johannesburg-based gold miner must come up with a new plan to move more than 20 short-tailed chinchillas from its Salares Norte site after Chile’s environmental agency halted its original relocation program when two out of four animals died. The project in the country’s Atacama region is one of the last wild refuges of the bluish-grey furred rodent. The plan, which will be submitted to the environmental authority, will involve relocating the chinchilla colony about 5 kilometers (3 miles) away from the mine to an area where another 100 of the rodents live, Gold Fields said. Despite the challenges of relocating the endangered chinchillas, Gold Fields said it’s still on track to start producing gold at Salares Norte in early 2023. Output from the mine is key to helping Chief Executive Officer Chris Griffith meet a target of boosting annual output to about 2.8 million ounces.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next