28 June 2024
28 June 2024
Safety and efficiency are the main drivers for adopting autonomous underground mining equipment, but the technology can also help lower greenhouse gas (GHG) emissions from operations.
The company plans to implement socio-environmental measures at the Onca Puma and Sossego mines.
The smelter is expected to meet the surging demand for copper, which is essential for renewable energy technologies.
The company is looking to raise funds to invest in its copper assets in Argentina and Chile.
Chemaf had put itself up for sale due to financial constraints that hindered progress on its two projects in the Democratic Republic of the Congo (DRC).
The Baga Gold Project, owned by Atlantic Resources, comprises two permits that span 644km².
The decision is prompted by the project's challenging ramp-up, short mine life and lower production volumes, which have led to higher costs.
The agreement could see Sumitomo earn up to an 80% stake in Bullrush by funding exploration and feasibility studies.
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