| Boliden Kokkola Inaugurates New Silver Recovery Plant | |
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BOLIDEN, Sweden--(BUSINESS WIRE)-- Regulatory News: Boliden (BOL.ST) (TSX:BLS) Today is the official start of the new silver recovery plant at Boliden’s zinc smelter Kokkola in Finland. The SEK 250 million-investment will result in a production of 25 tonnes of silver annually. In April of 2012 Boliden launched a project for extracting silver from zinc concentrates, the background being higher contents of silver in concentrates including the feed from the recent expanded zinc silver mine Boliden Garpenberg. The new plant will produce silver concentrate, an intermediate product, which will be sold to silver refineries. The amount of silver in concentrate will be approximately 25 tonnes annually. “This new process is of great importance for Boliden Kokkola since it will improve both profitability and raw material efficiency. Silver concentrate will now be one of Boliden Kokkola’s most valuable by-products,” says Jarmo Herronen, General Manager at Boliden Kokkola. |
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Boliden Mineral AB
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PRODUCER |
CODE : BOL.ST |
ISIN : SE0000869646 |
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Boliden Mineral is a molybdenum exploration company based in Sweden. Boliden Mineral produces molybdenum, copper, gold, lead, silver and zinc in Ireland and in Sweden, and holds various exploration projects in Argentina, in Burkina Faso, in Canada, in Mexico, in Spain and in Sweden. Its main assets in production are BOLIDEN AREA OPERATIONS (BAO), AITIK, SKELLEFTE MINING DISTRICT and GARPENBERG in Sweden and TARA MINE (NAVAN) in Ireland and its main exploration properties are TY and PREMIER-BIG MISSOURI & MILL in Canada, LAISVALL MINE in Sweden and LOS FRAILES (APIRSA) in Spain. |