Altiplano Metals (APN) receives approval to incorporate an iron separator and water recovery circuit into the processing circuit.
The El Peñon facility is located near La Serena, Chile.
The Chilean mining authority provided the approval of the equipment which is designed to recover high-value iron oxide and to produce dry tailings.
High-value iron can be sold to generate income and it reduces overall tailings output by 50%.
The dewatering stack will generate a dry tailings product that can be moved and stored in an environmentally efficient manner which replaces the need for a conventional tailings dam system.
The overall freshwater consumption can be reduced by 75%.
CEO of Altiplano Metals, Alastair McIntyre, comments,
“With our processing design, APN will be one of the first companies in the Chilean small mining sector to implement an industry-leading environmental process focussed on water conservation and waste reduction. Water is an important resource in Chile and our process is designed to preserve this precious resource.”
The facility employs modern high-efficiency flotation circuits that focus on the recovery of copper and gold while also utilizing a magnetic separation system for the recovery of magnetite and other iron minerals.
Altiplano Metals is a gold, silver, and copper mining company focused on the Americas.
Altiplano Metals (APN) is up 2.04 per cent at C$0.25 per share at 4:21 PM EST