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

Canadian miner Lundin Mining has brought its Chapada copper-gold mine in Goias, Brazil back to full-scale production after two months of mill repairs. The company noted that the mine’s copper output has already reached the lower side of its annual guidance of 45,000-50,000mt. 

 

Operations at the mine were initially halted due to a power fluctuation, which damaged four mill motors on Sep 29. Through October and November, the mine was working at 30-35pc capacity with only one functional SAG mill. 

 

On Dec 20, all repaired equipment was put into operation. Lundin now expects the mine to deliver a strong performance in 2021, owing to the two-month period being used for maintenance as well. 

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