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Talvivaara suffers leakage, production suspended

Mon, 05th Nov 2012 11:26

Talvivaara Mining Company has announced a leakage in the gypsum pond at its mine site meaning that metals production is temporarily suspended.The company said that while the levees of the pond are intact, water is filtering through the lower part of the levee on the east side of the pond. The root cause and the extent of the leakage are being investigated, and the immediate safeguarding measures have been taken. The safety dams below the gypsum pond will be utilized to contain the leakage within the mining concession area. The water in the gypsum pond contains more metals and sulphates than Talvivaara's normal purified discharge water."As a precautionary measure, the company's metals recovery plant has been temporarily suspended in order to avoid further pumping of tailings into the gypsum pond while the leakage is being repaired," the firm said. "During the shutdown, the piping installations required for the commissioning of the reverse osmosis plants will also be completed. The piping installation work was originally scheduled for a later date in November. The reverse osmosis plants will be used to purify the sulphate-containing discharge waters, and they will reduce the raw water in-take and improve overall water balance management of the mine."The group added that it anticipates restarting the metals recovery plant on Wednesday, November 7th. NR
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13 Jun 2014 14:54

Talvivaara To Delist In London, Remain On Helsinki Exchange

LONDON (Alliance News) - Talvivaara Mining Company PLC Friday said it plans to cease trading on the Main Market of the London Stock Exchange as it seeks to reduce the costs associated with the listing. Talviaara said there is no significant benefit in maintaining its London listing, given t

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28 May 2014 07:13

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LONDON (Alliance News) - Talvivaara Mining Company PLC Wednesday reported that its first-quarter loss before income tax narrowed to 17.12 million euros from 31.73 million euros in the prior year quarter. Loss attributable to owners of the parent narrowed to 14.57 million euros from 21.01 m

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21 May 2014 13:04

Talvivaara Mining Granted Deadline Extension For Reorganisation

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14 May 2014 08:09

UPDATE 1-Talvivaara plans to delist from London bourse

(Adds comment, background) HELSINKI, May 14 (Reuters) - Troubled Finnish nickel miner Talvivaara plans to delist its shares from the London Stock Exchange, leaving its only listing in Helsinki, in a bid to cut costs. Hurt by falling nickel prices and repeated production disruptions,

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14 May 2014 06:10

Talvivaara plans to delist from London bourse

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Talvivaara soars on loan agreement with Nyrstar

Shares soared in Finnish nickel and zinc miner Talvivaara as it secured a loan, from Belgian zinc giant Nyrstar, that looks to have solved its 'critical' funding issues. Nyrstar, with which Talvivaara has a zinc streaming agreement, has agreed to loan Talvivaara up to a maximum of €20m in several

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