May 17, 2020

Final pieces in place for Sirius Minerals £2.4bn UK Potash mine

UK Potash mine
Potash mining
Sirius Minerals
Chris Fraser
Dale Benton
1 min
Final pieces in place for Sirius Minerals £2.4bn UK Potash mine
The £2.4bn development of the largest Potash mine in the UK has entered the final stage of its development following governmental approval.

Siriu...

The £2.4bn development of the largest Potash mine in the UK  has entered the final stage of its development following governmental approval.

Sirius Minerals, the developers of the mine, has announced that they have received the green light to proceed from the government.

Read: Time to get Sirius: contractors announced for UK Potash mine

"Our team is currently actively engaged in the financing phase of the project and I look forward to providing further updates in due course," said Chris Fraser, managing director and CEO of Sirius Minerals.

Read: This is Sirius: UK Potash mine looks set for September start

The company had previously announced plans to begin construction on the mine in September this year.

Read the July issue of Mining Global Magazine!

Be sure to follow @MiningGlobal for news and latest updates.

Share article

Jun 29, 2021

Vale invests $150mn to extend life of Manitoba operations

Vale
Nickel
Manitoba
battery metals
2 min
Vale’s $150mn investment in operations at Thompson, Manitoba will extend mine life by 10 years

Vale has announced a $150mn CAD investment to extend current mining activities in Thompson, Manitoba by 10 years while aggressive exploration drilling of known orebodies holds the promise of mining well past 2040.

Global energy transition is boosting the market for nickel

The Thompson Mine Expansion is a two-phase project. The announcement represents Phase 1 and includes critical infrastructure such as new ventilation raises and fans, increased backfill capacity and additional power distribution. The changes are forecast to improve current production by 30%.

“This is the largest single investment we have made in our Thompson operations in the past two decades,” said Mark Travers, Executive Vice-President for Base Metals with Vale. “It is significant news for our employees, for the Thompson community and for the Province of Manitoba.

“The global movement to electric vehicles, renewable energies and carbon reduction has shone a welcome spotlight on nickel – positioning the metal we mine as a key contributor to a greener future and boosting world demand. We are proud that Thompson can be part of that future and part of the low carbon solution.”

Vale continues drilling program at Manitoba

Coupled with today’s announcement, Vale is continuing an extensive drilling program to further define known orebodies and search for new mineralization.

“This $150mn investment is just one part of our ambitious Thompson turnaround story. It is an indicator of our confidence in a long future for the Thompson operations,” added Dino Otranto, Chief Operating Officer for Vale’s North Atlantic Base Metals operations.

“Active collaboration between our design team, technical services, USW Local 6166, and our entire Thompson workforce has delivered a safe, efficient and fit-for-purpose plan that will enable us to extract the Thompson nickel resources for many years to come.”

The Thompson orebody was first discovered in 1956 by Vale (then known as Inco) following the adoption of new exploration technology and the largest exploration program to-date in the company’s history.  Mining of the Thompson orebody began in 1961.

“We see the lighting of a path forward to a sustainable and prosperous future for Vale Base Metals in Manitoba,” said Gary Annett, General Manager of Vale’s Manitoba Operations.

Share article