Lundin Mining
Neves-Corvo
‘ Approximately 220 kilometres southeast of Lisbon in the Alentejo district of southern Portugal lies Neves-Corvo , Lundin Mining ’ s most significant European asset ’ an additional one or two more mines ,” he said . “ This will lift Lundin Mining to the sort of scale we want to be at , operating five or six strong mines .”
Neves-Corvo Approximately 220 kilometres southeast of Lisbon in the Alentejo district of southern Portugal lies Neves-Corvo , Lundin Mining ’ s most significant European asset run by its native subsidiary Somincor , and one which could have up to 30 more years of life ahead of it .
Already producing 50-60,000 tons of copper and 60-65,000 tons of zinc annually from five separate ore deposits , the company is conducting a feasibility study which could see it more than double zinc output by 2017 .
“ The study is not complete yet but we are optimistic ,” Conibear added . “ The global resource is more than 100 million tons of better than six percent zinc and only 1.2 million tons a year is being processed .
46 December 2014