PROCESSING

Otso Gold gets green light to restart mining

Company to accelerate production following regulatory approval

 Otso Gold to ramp up production

Otso Gold to ramp up production

Otso Gold will restart gold pouring at the Otso Gold Mine after receiving regulatory approval from authorities in Finland.

The relaunch was approved by the Centre for Economic Development, Transport and Environment (ELY) and the Finnish Safety and Chemicals Agency (TUKES).

The company said the approval would clear its way to continue its "ramp-up to production" at the site.

Additionally, it claimed to have serviced, upgraded, repaired and inspected all equipment on-site to comply with Finland's environmental, safety, and health regulatory requirements.

Brian Wesson, president, chief executive officer and director, Otso Gold, said the approval to mine and process was "another major milestone" for the company, which now has permission to accelerate production.

The focus, Wesson said, will be solely on "continuing and accelerating the ramp-up to commercial production".

The Otso Gold Mine has two open pits and will have a capacity of two million tonnes per annum when it is fully operational.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production