MINING

Miners race to turn the lights back on

Operators are increasingly looking to restart past producing mines with new technologies, improved ESG strategies, and better capital to take advantage of commodity price increases. One such example is Element79, which is taking this approach at sites in South America.

 The Lucero mine, suspended in 2005, is one of two past-producing high-grade gold and silver mines in Peru which Element79 has signed a letter of intent to purchase

The Lucero mine, suspended in 2005, is one of two past-producing high-grade gold and silver mines in Peru which Element79 has signed a letter of intent to purchase

Global inflation is driving up demand for commodities and now many mining operations are racing to find past-producing properties that were once mothballed due to the persistence of low prices. Often these...

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