Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Canadian base metal miner Lundin Mining has indicated that ore processing at its Chapada copper-gold mine in Goias, Brazil will take about 60 days to resume full-scale production. 


The miner noted that four mill motors were damaged in a recent power fluctuation and outage on Sep 27. These motors have now been removed and will reach a local repair facility by the end of the week. Lundin is now utilizing two spare motors and expects 30pc of original production levels by the first week of October, it said in an update on its Chapada operations on Wednesday.


The company will also pre-pone the scheduled maintenance planned for October to the start of the month to restart production activities as soon as possible. Lundin, which suspended its guidance for Chapada after the breakdown, will provide an update on it in the near future, the miner indicated. 

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