Magazine | BBR - October 2021

Page 1

(Colombia) Strategic location for production and exportation

October 2021 | www.thebostonbr.com

(Peru)

New strategies bringing value to mining ORICA BRASIL Complete portfolio for blasting and explosives

GRAN COLOMBIA GOLD Investing in safety translates into higher efficiency

CALIBRE MINING Nicaragua’s partner earns the leadership in gold exports

MINING AND IOT

Jaime Zúñiga Ide, General Manager for Minera Boroo Misquichilca


WHO WE ARE Managing Director

Finance Director

Jassen Pintado

Christina Schoch

Creative Director

Social Media Director

Omar Rodríguez

Maria Elena Gastelum

Editor in Chief

Content Coordinator

Rafael Tablado

Alicia Barrantes

Editor in Brasil

Project Directors

Flavia Brancato

Ana Macfarland David Alarcon

Translations

Giuseppe Modenesi

María Murgui

Lucy Verde Marcelo Modenesi


EDITOR’S LETTER: October 2021

We are always thrilled to deliver special editions. This time around we are publishing an entire edition

displaying recent investments in underground machinery. Also in South America, Australian

about the mining sector, important to

multinational Orica offers its entire

everything that makes our everyday

catalogue in Brazil, contributing to the

lives easier, and -as with every other

country’s mining sector with explosives

industry- also affected by the global

and detonation solutions.

pandemic’s consequences.

Up north, Calibre Mining has become

Our cover is graced by Jaime Zúñiga, an important partner for Nicaragua, CEO for Minera Boroo Misquichilca,

making the most from its leadership for

which recently acquired the highly

gold obtention and exports from the

productive Lagunas Norte mine in Peru. Central American country, besides its From Colombia, we’re featuring Carbomas along with Gran Colombia Gold, both thriving forces in each of their production and exploration

important contributions to surrounding communities. Thanks for reading and sharing our 2021 mining special!

operations along the country’s territory,

Mateo Rafael Tablado, Editor in Chief at The Boston Business Review Email: rafael.tablado@thebostonbr.com

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Ta b l e o f C o n t e n t s

MINING AND IOT

16.

Operational standards increasing mining value in Peru

30.

Increasing productivity and reducing risks in every blast

44.

Highly productive operation in gold and silver obtention

06.

60.

Gold standards for mining in Nicaragua

82.

Highly productive operation in gold and silver obtention

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Mining

Mining & IoT

Digital transformation within the mining industry has resulted in more productivity and also reduced costs and risk exposure

6

October 2021


Mining

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Mining

T

he interconnection

maintenance and repairs to

between electronic

predictive maintenance

devices and common use objects

• Cost optimization and increased

to data networks

productivity

currently implies plenty of everyday

• More and better processes

tasks. It is already possible to adjust

supporting decision-making

home air conditioning remotely with the hardware’s app in a mobile device, and in the same way we can monitor our home’s wireless surveillance cameras and receive movement sensor alerts. In different industries, depending on

NEW OPPORTUNITIES FOR PROFESSIONALS

Besides the multiple professions mining gathers from for its operations, it has now grown a demand for IT specialists. According to GlobalData’s employment database, between July

the business sector and its customary

and October 2021 there were 597 jobs

tasks, automation between machinery

related to the Internet of Things (IoT)

and programmed processes managed

offered in the mining industry, and 540

remotely is happening since a few

of those jobs have been taken, for a

years ago, delivering results such as:

90.45% of positions filled. Companies such as Anglo American,

• Improving safety and reducing

Caterpillar, Eaton, Flowserve,

risk exposure both for personnel

Komatsu, Nexans and Rio Tinto,

and equipment

among others, are the ones offering the most jobs in which IoT is key for

• Transitioning from preventive

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October 2021

everyday operations.


Mining

Besides the multiple professions mining gathers from for its operations, it has now grown a demand for IT specialists

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Mining

BENEFITS ON THE SURFACE AND BELOW

Interconnected equipment used in mining for remote work includes from heavy load vehicles and automated trains -both driverless- conveying obtained minerals to devices with small sensors transmitting accurate data for decision-making in processes that result in less costs and increased safety. Orica, the multinational Australian explosive and blasting system supplier, offers cloud-based solutions

Solutions line and also zero emissions

supported by apps, delivering useful

vehicles such as the automated 793

data to determine the quantity of

model.

explosives needed for a specific detonation according to rocks’ hardness and results from previous

10

OUTSTANDING PROJECTS

Infosys, the multinational IT

detonations, among other information.

company, shared data about some of

Caterpillar, on its behalf, offers

the most outstanding operations in

automation and remote operation

which processes based on IoT, clud,

solutions both for fleets and individual

AI and cybersecurity have delivered

equipment through their MineStar™

solid results:

October 2021


Mining

• Koodaideri (now known as

command center in Perth, including

Gudai-Darri), is an Australian-based

the routes for heavy load vehicles,

Rio Tinto operation where the first

trains and autonomous drill rigs in

intelligent mine has been established,

mines and loading zones. In 2019, the

powered by an hybrid system

first automated heavy load rail system

consisting of solar energy and carbon- was built at this site; the AutoHaul™ derived fuel. Most of its processes

features automatic response for

are operated and designed from a

speed reduction, starts and stops,

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Mining

Beyond tangible contributions in mining, there have been challenges which will certainly be surpassed through new tech developments

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October 2021


Mining

eliminating taking drivers to the mining by the close of 2021 production is site. The only factor affecting the

expected to reach between 128,000

more than $2.6 billion investment is

and 132,000 oz.

scarce workforce, for which iron ore shipments have been postponed to 2022.

• Borden (at Porcupine mine, Canadá) is being operated by Goldcorp, which partnered with Cisco,

• Casa Berardi mine belongs

and from 2018 and on, additional

to Hecla Mining and is located

adjustments to their EV fleet and their

in Quebec, where open pit and

solar energy system were performed,

underground operations are carried

installing fans with sensors in the

out to obtain gold and silver. Hecla

underground mine, which improved

partnered with Newtrax to monitor

energy efficiency with remote

their machinery and its stoppage.

operation, reducing work stoppage

As a result, machinery use has

due to lack of ventilation. Results

been optimized through real-time

have also reduced the air quantity that

diagnostics reducing its stoppage

had to be pumped into the mine from

time, thus increasing production and

1.2 million cubic feet per minute to

experiencing an average extra hour

650,000 cfm. It’s not hard to deduct

per day of active operation. In 2020,

that electricity consumption in this

the Casa Berardi mine produced

project has been reduced in half, while

121,493 oz. in gold (at cash cost) and

obviously reducing costs.

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Mining

• Glencore, on its behalf, partnered also with Newtrax in 2016 to install sensors for its mobile machinery at the Matagami zinc mine.

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Each ore mineral load has increased from an average of 55 up to 60 tons. CHALLENGES FOR IOT IN MINING

Beyond tangible contributions

Data provided by interconnected

since IoT has been deployed into

equipment has resulted in a better

mining operations, there have been

understanding of its performance,

challenges which will certainly be

thus achieving greater productivity.

surpassed in the future through new

October 2021


Mining

tech developments. It must be noted that underground mining implies limitation in connectivity with wireless networks

internet, which is required to move vehicles and other objects from a remote location. Nevertheless, these are the kind

as operations run deeper from the

of obstacles that spark the big

surface. Also, mineral deposits in

developments in tech required to

remote areas can hardly access 3G

continuously bring value into mining.

and 4G connectivity, much less 5G

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UNLEASHING VALUE FOR A BETTER FUTURE Lagunas Norte Mining Unit, in Peru


Minera Boroo Misquichilca is the Asian mining company’s first venture into Latin America. Its know-how has enabled Laguna Norte to increase its production in gold and other minerals Produced by Jassen Pintado Intervewee Jaime Zúñiga Ide, General Manager for Minera Boroo Misquichilca


Minera Boroo Misquichilca

B

oroo is a multicultural

Boroo Misquichilca as a legal entity. The operation is focused on

company operating long-term value generation for its in Central Asia and

stakeholders, besides taking part

South America,

in the sustainable development of

it was previously

its strategic partners, such as the

known as the

company’s personnel, contributing

OZD Asia Pte Ltd. holding. It’s main

companies and the communities

activity is the acquisition, development where the mining company operates. and operation of gold producing Another key factor in Minera Boroo properties, worldwide. Boroo is result-centered and

Misquichilca is staff management. The company relies on development

employee-oriented. The company’s

programs to detect and develop those

portfolio is made up of important

with a future in leadership roles.

assets, globally, some well into

“I’ve been able to confirm that every

production processes and others in an successful company is based on staff exploration phase.

management,” said Jaime Zúñiga Ide, General Manager of Minera Boroo

Venturing into Latin America via Lagunas Norte, in Peru Boroo acquired the Lagunas Norte mining unit and its projects in the Peru Northern Sierra, becoming Minera

18

October 2021

Misquichilca.

Knowledgeable leadership with multicultural experience Zuñiga graduated as a Chemical


Mining

I have big ambitions and plans for Minera Boroo Misquichilca,

such as turning our business into a world class company

- Jaime Zúñiga Ide, General Manager for Lagunas Norte - Minera Boroo Misquichilca w w w.e s .the b os tonb r.com

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Minera Boroo Misquichilca

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October 2021


Mining

Engineer at the Federico Santa María Technical University (in Chile). His apprenticeship included different

A productive past precedes a brilliant future When Boroo acquired Lagunas

leadership-related subjects, including

Norte, the mine was in a care

an MBA from the Adolfo Ibáñez

and maintenance stage with gold

University (Chile) and the Tsinghua

and silver production through

University School of Economics and

secondary leaching.

Management (China), as well as the

The mine, which has a positive

Management Development Program

reputation in gold production, is

at the University of Miami Patti and

destined to become a world class

Allan Herbert Business School.

operation, and, once being part of

Zúñiga’s working experience has

Boroo, the company’s goal is to

taken place all over the continent,

value the current high mining

as his career has led him to Chile,

potential, from which significant

his home country, and also Brazil,

growth could be achieved.

the Dominican Republic, Peru, and

Beyond the current state of

the US, gathering a multicultural

care and maintenance Lagunas

understanding which has proved to be

Norte is undergoing, production

useful, businesswise.

continues through secondary

“I have big ambitions and plans for Minera Boroo Misquichilca, such as turning our business into a world class company,” Zúñiga explained.

leaching, resulting in doré bars -a mixture of gold and silver-. “In parallel, we are working on projects to optimize and value more

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Minera Boroo Misquichilca

mineral resources within the mining unit,” the executive added.

Strategic alignment of suppliers Minera Boroo Misquichilca relies on local sourcing. The company is

Experience in value generation

committed to the development of local

Boroo’s work stands out for its

businesses, contributing not only to

success after acquiring mines in

the development of their leadership

care and maintenance status, and

abilities, but also to help them

afterwards extending their useful

increase their clientele and the number

life, adding value to these assets by

of different industries they serve, thus

optimizing mineral resources, capital

becoming sustainable businesses.

investments and human resources. Among other traits, Boroo operates with efficiency, innovation, operational

Suppliers must align with Minera Boroo Misquichilca’s three fundamental principles:

excellence, disciplined allocation of capital, environmental and social

• People’s safety

management, as well as responsible

• Care for the environment

governance, as well as a working

• Working along surrounding

environment in which personnel

communities

have easy access to learn new skills, knowledge and gather the necessary experience to prosper.

24

October 2021

“All of our suppliers are important and we consider them strategic


Mining

We are working on projects to optimize and value more mineral resources

- Jaime Zúñiga Ide, General Manager for Lagunas Norte - Minera Boroo Misquichilca w w w.e s .the b os tonb r.com

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Operation, Maintenance and Asset Management Services for the Mining, Energy and Hydrocarbons Industry. We have a human talent of over 6000 employees in Latin America, a highly experienced team with a broad knowledge in all of the sectors where we provide our services. Safety, Innovation, Reliability and an Ethical mindset are part of our commitment to Value that we offer in each oneofour services. We are looking forward to Partnering with you.

PERÚ - LIMA Av. Santo Toribio 173, Torre Real 8 – P10 Centro Empresarial, San Isidro Lima – Perú + [51 1] 7106100 ISO 9001

ISO 14001

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Norsok S-006

endorsed ASSESSOR

comercial@confipetrol.pe www.confipetrol.com


Minera Boroo Misquichilca

partners whom we value for their

Mining

“Health and safety for everyone

commitment to fulfill our goals,”

working in our mining unit is top

Zúñiga declared.

priority,” the general manager commented.

Important achievements in health and safety One of Boroo’s most important

Contributions to the community Boroo is constantly bringing a

contributions to the Lagunas Norte

positive impact in the economy of its

operation is its solid health and safety

surrounding communities as well as

culture, which in 2020 achieved the

in the countries where the company

best indexes in these subjects since

operates, in a way that the company’s

operations began in 2005.

vision in the present becomes a reality

Since the start of the COVID-19 pandemic, Minera Boroo Misquichilca

in the future. One of the company’s goals is to

became one of the first companies

become a reliable partner able to

in the area to deploy prevention,

unleash all the benefits of extracted

surveillance and control protocols,

minerals, contributing both to

making its personnel’s health and

those investing in its discovery and

safety a priority.

production as well as for stakeholders.

Also, Boroo is the only mining company among a 20 Northern Peru businesses alliance, which installed a

Upcoming increase in productivity Boroo’s portfolio currently includes

modern molecular biology laboratory

both advanced and early stage

to ease access and response time of

projects; permits for the latter are

PCR-type tests for the population of

being obtained as well as those

the entire La Libertad region and the

required to extend Lagunas Norte’s

company’s workers.

useful life, after planning a mine

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SAFE METER-BY-METER PROGRESS At Consorcio JM our commitment is to provide diamond drilling services, with RC Reverse Air Circulation, drilling water wells in compliance with quality and safety based on international standards, good environmental care practices and respect for the communities where we operate, in strict coordination with our clients.

SANDVIK - DE740

BOART LONGYEAR - LF160

José María Jacobo Jacobo, General Manager www.consorciojm.com.pe

fjmjacobo@consorciojm.com.pe

011+51+54-615374 /consorcio-jm-s.a.c


Minera Boroo Misquichilca

Mining

expansion which will receive important and strengthening our relationships investments which will allow to

with neighboring communities, as

increase ore reserves progressively,

well as achieving our production

thus fulfilling growth goals with

objectives,” finalized Jaime Zúñiga

support from the company’s

Ide, General Manager for Lagunas

experienced team.

Norte - Minera Boroo Misquichilca.

Mid-term goals include improvements to optimize the current secondary leaching operation, the development of a project for gold recovery from carbonaceous oxide ore through the Carbon Material Oxides Project (CMOP). For the long term, the company plans the development of a gold recovery from sulphide ore project, through the Refractory Material Project (PMR). All of these plans require investments for the acquisition of new operation and processing infrastructure. “We wish to close 2021 fulfilling all of our goals regarding people’s health

FOUNDED:

2018 INDUSTRY:

MINING CONTACT: www.boroomc.com.sg informes@lagunasnorte.com @mineraboroomisquichilca

and safety, caring for the environment

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Increasing

productivity and reducing risks in every blast


Produced by Jassen Pintado Interviewee Diego Vallim, Country Manager, Orica Brasil


Orica Brasil

Mining

Orica delivers avant-garde blast and explosives solutions to the Brazilian market, mainly benefitting the mining industry by increasing its productivity and delivering higher safety standards

O

rica is the

countries, providing jobs for more than

worldwide leader 13,000 employees, of which more than in production

200 are tech specialists, making Orica

and distribution

the number one commercial explosive

of blasting

supplier worldwide.

and initiation

“We are a community of engineers,

systems, besides scientists, technicians, operators, providing other

business specialists and on-site

solutions, from cyanide production

personnel working together to support

for gold extraction to cutting-edge

our clients day in and day out,”

technology in digital solutions and

commented Diego Vallim, Country

other blasting services, contributing

Manager for Orica Brazil.

to a safe, efficient and responsible resource extraction and monitoring. The company dates back to 1874, as a supplier for Australian goldfields.

LEADERSHIP EXPERIENCE IN BRAZIL AND ABROAD

Diego Vallim has been in charge of Orica Brazil since 2021, after joining

After more than 146 years in business, the company in 2016 as Senior Orica has presence in more than 100

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October 2021

Sourcing Manager for Latin America,


Orica Brasil

Mining

“We are a community of specialists working together to support our clients” - Diego Vallim, Country Manager, Orica Brazil

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Orica Brasil

Mining

being based in Chile. Vallim took

to design safe blasts. Other services

part in a Management Leadership

such as risk-reducing geotechnical

Program and was selected for this

monitoring are provided by the

position afterwards. The acquisition

GroundProbe™ division.

of Peruvian company Exsa by Orica, a $200 million operation, is listed among

in Brazil, mainly for iron and gold

his recent accomplishments.

extraction, as well as for other basic

His education includes an MBA,

metals and quarries, besides offering

among other courses in Brazil and

solutions to construction and oil & gas

abroad. Before joining Orica, Vallim

industries.

also held leadership positions for

The company relies on its

companies in the automotive and

production plants within the country,

mining industries.

where initiation systems and

WIDE VARIETY OF PRODUCTS AND SOLUTIONS IN BRAZIL

supported by a wide supply network

Orica’s presence in Brazil dates back to the 1980s. In Brazil, the

34

Orica serves the mining industry

emulsions are produced, and it’s also covering clients in all of the Brazilian territory. “We are known for our safety culture

company currently offers its entire

and for our skills to create value

solutions and product portfolio for

through products and technology, but

blasting, from initiation systems and

mainly for our staff’s capabilities,”

emulsions to high-end technology

Vallim pointed out.

October 2021


Orica Brasil

Mining

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Orica Brasil

Mining

• Avatel™: A digitized underground INNOVATION ON EVERY FRONT

Being the global leader in blasting and explosives for the mining and construction sectors implies that every new product made available by Orica does not follow any path previously travelled, but rather becomes a trendsetting innovation in the industry, capable of disrupting the way any specialized task has been performed. The most outstanding solutions among the company’s latest development are: • WebGen™: This wireless initiation system avoids the use of down-lines and connecting wires. Its reach gets the signal through rocks, air and water, resulting in safe, reliable blasts without risking any injury to staff, increasing productivity and reducing costs. WebGen™ is SIL3certified (Safety Integrity Level), and is

charging system designed to initiate blasts from a safe cabin, reducing exposure to any harm. Avatel™ was created in collaboration with Epiroc, another leading company in mining machinery. • GroundProbe: This division recently developed RAR (real aperture radar) and SAR (synthetic aperture radar) devices, able to monitor slope stability, the GMS robotic station for prism monitoring, the GML for convergence monitoring in underground mining, and the RGRVelox (reactive geohazard radar) for reactive monitoring and alarming for tailings dam breaches. DISRUPTING MINING WITH DESIGN FOR OUTCOME

The Design For Outcome system offers a comprehensive digital solution

the only commercial explosive with the to gather and manage data, previous highest security grade.

36

October 2021

blast results as well as rock and ore


Mining

Orica Brasil

properties to use with predictive

electronic initiation systems such as

algorithms, delivering possible

I-kon III, the most advanced in its kind,

outcomes and determining the

able to optimize small and large scale

quantity of explosives to use in

blast times, automatically generating

each procedure depending on

blast sequence reprogramming,

expected results.

increasing reliability under severe

Design For Outcome is enhanced when paired with the BlastIQ™ cloudbased platform, which manages the stored data from blasts and perforation, easing integration with

weather conditions and able to reduce blast delays. AN INDUSTRY GIANT WITHIN THE SOUTH AMERICAN GIANT

One of the most important aspects

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Orica Brasil

Mining

for Orica, globally, is its R&D

and safety in blasting, globally,

department, which receives annual

after more than 100 year-experience

investments for more than $50 million,

in different kinds of mining

where more than 60 data analysts

operations worldwide.

come up with the newest solutions with latest-generation technology,

slope monitoring are within our reach,

setting goals such as reducing

thrusting Brazil into the forefront of

personnel exposure to any risk during

the world’s mining industry,” declared

blasts, operational excellence as well

the executive.

as maintaining and improving global sustainability standards. Orica has factories and

PANDEMIC-FUELED EVOLUTION

The restrictions and consequences derived from the COVID19 pandemic

development centers worldwide,

resulted in a testing time for Orica

which brings flexibility and other

Brazil’s resilience and adaptability.

advantages to its supply chain

Many of the duties required to

and logistics, which benefit also

complete essential activities supplied

from partnerships with clients

by the company must be carried on

and suppliers.

site, and these are performed by more

All of these factors enable the

38

“The latest solutions in blasting and

than half of the staff. In the same way,

company to guarantee the availability

such unusual conditions allowed for

of the most advanced solutions in

a complete overview of company

Brazil, delivering the best execution

procedures, thus accelerating the

October 2021


Mining

Orica Brasil

“We are known for our safety culture and for our skills to create value, but mainly for our staff’s capabilities” - Diego Vallim, Country Manager, Orica Brazil

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Orica Brasil

Mining

Incl usion is not a second thought in O r ica B raz i l, as women hold positions from leader ship roles to the fo refront of f ield operations

automation and digitization strategy,

there have been tangible results, but

thrusting new practices such as

still with so much to accomplish. 33%

remote assistance through AR

of leadership positions for Orica in

(augmented reality).

Latin America are held by women, while in graduate programs this grows

EFFORTS TOWARD INCLUSION

Orica focuses on inclusion and diversity strategies, a subject in which

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October 2021

to 50%. Also, 35% of positions in charge of different squads are held by women. There’s still room to grow in


Mining

Orica Brasil

Te c h n o l o g i e s a n d d a ta i nte g ra t i o n of fe re d by O r ica have d i s r upted the m i n i ng i ndust r y

field positions, though Orica

whose path to reach it requires

Brazil proudly hired the first MMU

effort through resources in the

female driver.

company’s hands. Orica’s purpose is to generate value

THE FUTURE: PLACING A BET ON VALUE

For the foreseeable future, Orica plans to get into a certain scenario

and allow its disruptive solutions to evolve, such as WebGen™ technology, GroundProbe™ radars, and the BlastIQ™ digital platform,

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Orica Brasil

Mining

“The latest solutions in blasting and slope monitoring are within our reach, thrusting Brazil into the forefront of the world’s mining industry” - Diego Vallim, Country Manager, Orica Brazil

42

October 2021


Mining

Orica Brasil

delivering increased safety and productivity through these solutions. Also, strengthening its industrial presence in Brazil and the rest of Latin America to optimize its supply chain in the territory, and capitalizing on what this represents regarding raw material and finished products management, contributing to make Orica become a strategic partner for its clients.

FOUNDED: 1874 (in Australia) INDUSTRY: Mining WEBPAGE: www.orica.com TEL: (+55) 12 214 1300 EMAIL: diego.vallim@orica.com

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HIGHLY PRODUCTIVE OPERATION IN

GOLDOBTENTION AND SILVER Produced by Jassen Pintado

Written by Mateo Rafael Tablado

Interviewee Ángel Meza Vice-President of Mines for Gran Colombia Gold


A series of investments resulting in efficiency and improved safety are key factors to place Gran Colombia Gold along the most important gold and silver mining operations in its territory


Mining

Gran Colombia Gold

G

ran Colombia Gold

both in exploration and extraction

is a company with

phases. Gran Colombia Gold is listed

origins in Canada

in the Toronto Stock Exchange. These

whose main goal

and other achievements make Gran

is gold and silver

Colombia Gold the most important

prospecting and

gold and silver extraction company

extraction. Since

in Colombia.

2010, the company’s

run has allowed its consolidation as a reliable business with stability and responsibility toward its main operations in Colombia.

SPECIALIZED LEADERSHIP WITH KEY EXPERIENCE Angel Meza is the vice-president of mines for Gran Colombia Gold.

Gran Colombia Gold’s work in recent He graduated as a mining engineer years has experienced high production from Central Peru National University levels. Just in 2018, the company

(UNCP) in the higher average class.

surpassed 200,000 oz. production for

Meza also earned an MBA from

the very first time, increasing by 25%

Centrum, the business school of

the previous year’s accomplishments.

the Pontifical Catholic University of

In 2019, production reached 240,000

Peru (PUCP); and in 2019 finished a

oz. of gold, besides a cash balance of

master’s in International Leadership

$84 million by December, 2019.

from the EADA Business School

Besides the Colombian operation, the company also has assets and investments in Canada and Guyana,

46

October 2021

(School for High Management, Spain). Meza has developed his mining experience in areas such as


Mining

Gran Colombia Gold

BEYOND GOLD exploration, perforation, explosive

in Peru; and also to Kamoto Copper

demolitions and mining project

Co. and Katanga Mining, both in the

management. Work has taken him

Democratic Republic of the Congo,

to Retamas, Minas Buenaventura,

Africa. Meza is also an international

Barbastro (a subsidiary of Minsur),

speaker and consultant in mining,

Los Quenales and Perubar (both of

taking part in these activities in Peru,

the Glencore group), Minera Aruri

Chile, Colombia and Ecuador.

and Tamboraque mine, all of these

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47


WHO ARE WE? We are a Colombian Company with qualified experience, consisting of several business units, specialized in engineering, construction and project development.

VISION H.D.S.T.M COLOMBIA SAS desires to become recognized nationally and internationally as a leading company in management and engineering in the mining and construction industries by being successful in project execution with a high degree of responsibility in safety and the environment


Expansion of the mining project in de-quilling processes, installation of metal arches, concrete launching, reinforcement with helical bolts and electro-welded mesh in Gran Colombia Gold Minas Carla –ProvidenciaSilencio and Sandra K

Construction of Apique in rock types IV and V on the Bieniawski scale, installation of metal arches with 28 MPa reinforced concrete

Construction of Bocamina access for the entry of personnel and materials for the Sandra K mine in the Gran Colombia Gold mine

Contact us: H.D. STM COLOMBIA. S.A.S. | Calle 26B # 74 - 29 Medellin Antioquia, Colombia | hdavila@hdcorporacion.com | NIT: 900888766 - 9


Gran Colombia Gold

Mining

The path we’ve been on has allowed us consolidation as a reliable

stability and responsibility business with

- Ángel Meza, Vice-President of Mines for Gran Colombia Gold

HIGH PRODUCTIVITY FROM EACH ZONE IN OPERATION Gran Colombia Gold’s main activity is carried out in the Segovia and

50

Frontino Gold Mines company from the Colombian government, as well as those in Segovia, Remedios, and also

Remedios municipalities, both in

the El Zancudo mine, located in Titiribi

the northwest of the Department

(Antioquia) between 2009 and 2010.

of Antioquia, in central Colombia.

Gold production from the company

The company has also grown by

averages 17,000 to 20,000 oz. of gold,

acquisition, after purchasing the old

monthly, delivering a yearly average

October 2021


Mining

Gran Colombia Gold

of 200,000 and 220,000 oz., and achieving a 220,194 oz. production in 2020. During 2021, Gran Colombia Gold’s

Segovia (northeastern Antioquia). SANDRA K, RECIPIENT OF STATE-OF-THE-ART MINING INFRASTRUCTURE

efforts have been destined toward the

One of the latest findings for Gran

exploration of three gold deposits: in

Colombia Gold is the Sandra K mine,

southern Cali (in the Cauca Valley),

in Segovia. Currently, levels 6 and

Marmato (Department of Caldas) and

7 of the 7-level facility are being

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51


What you need is what you get! All people and all clients have needs. We are pleased to say that in the northeast of Antioquia, in the ambit of mining, Montajes Civiles has the best solutions for people and their clients.

Contact us Corporate mobile number: (0054) 312-881-5084 Email: montajesjlv@gmail.com


Mining

Gran Colombia Gold

furnished with important investments:

enabling technology in our operations

an elevator has already been installed,

in all fronts,” Meza declared.

easing the tasks of 506 workers (374 part of the company staff and 132 from outside contractors), avoiding a 935-step staircase after a $1.6 million injection, reducing the run across the stairs to four minutes, delivering a positive impact in time, productivity and -mostly- the workers’ safety. Other investments have been made

GUARANTEEING SAFETY IN UNDERGROUND OPERATIONS Maintaining its staff’s wellbeing and safety is a top priority for Gran Colombia Gold, after investing in the installation of underground refuge chambers for every operation. Since 2017, more than $1 million has been used for the construction of four

at Sandra K to obtain underground

refuge chambers in Segovia and

machinery and equipment with a

Remedios. At the El Silencio mine, a

$1.5 million budget, resulting in the

40-person refuge has been recently

acquisition of a Sandvik DD210 drill

deployed as an addition to the three

rig, a Sandvik LH307 low profile LHD

previous refuge chambers in the El

(load haul dump) and a 15 ton Aramine Silencio, Providencia and Sandra K truck for underground operations. mines, each with a capacity to host up This investment also considered the

to 60 persons for up to 72 hours. And

required training in heavy mining

currently, research is being conducted

equipment for the staff dispatched at

to consider deploying a fifth refuge

Sandra K.

chamber in the El Silencio mine which

“Constant improvement is in Gran Colombia Gold’s DNA, as well as

would have capacity for 100 persons. It must be noted that underground

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53


Gran Colombia Gold

Mining

We highlight the positive impact created by alliances among government agencies, local mayors, communities, NGOs and the private sector - Ángel Meza, Vice-President of Mines for Gran Colombia Gold

refuge chambers in every Gran Colombia Gold mining site are built under high global mining standards, such as those observed by the MSHA (Mine Safety and Health

54

A DOMESTIC AND INTERNATIONAL SUPPLIER NETWORK Gran Colombia Gold’s success and leadership in gold and silver mining in its territory is supported by

Administration, from the US), besides

a vast network of purveyors which

complying with the Safety Regulations

includes brands known worldwide

for Underground Mining Labors -part

as well as domestic companies.

of Decree 1886 from Colombia’s

The network includes Colombiana

Ministry of Mines and Energy-, and

de Distribuciones Mayoristas de

with regulations from the National

Antioquia, Distribuidora de Químicos

Mining Agency.

Industriales, Eléctricos de Colombia,

October 2021


Gran Colombia Gold

Mining

Gran Colombia Gold operates under global standa rds and compliance with local regulations

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55


Gran Colombia Gold

Mining

Eléctricas de Medellín (EDEMSA),

Collaboration with these companies

Epiroc, Explomín, Ferrocortes, IG

is a labor source for more than

Representaciones, Kaeser, Sandvik

4,000 workers.

Colombia and Synergy Supplies, among others. Also, Gran Colombia Gold works

MULTIPLE EFFORTS ALONG NEIGHBORING COMMUNITIES Gran Colombia Gold carries different

hand in hand with local companies

community outreach programs, each

near their operations, incorporating

one facing different subjects and

them to its supplier network.

problems, and each of them aligned

Smart Mining United. Inspired

epiroc.com.co Contact us salescvca@epiroc.com


Mining

Gran Colombia Gold

Wo m e n’s e m p o w e r m e n t is not just a C SR s u b j e ct, i t ’s co m m o n practice at Gran Colombia Gold

to the United Nations’ development

providing scholarships and benefitting

goals.

more than 180,000 inhabitants with a

The “Small Mining Productive Incorporation” initiative has allowed

$2 million investment. Efforts to bring the gender

the affiliation of more than 2,500

gap closer are addressed by

miners, besides combating illegal

the “Entrepreneurial Women in

mining and contributing to the

Leadership”, which offers training for

environment. On its behalf, “Education different skills, benefitting women in for Development” is a program

areas surrounding Gran Colombia

focused on refurbishment of schools in Gold’s operations. different areas and also on developing

To these and other health, cultural

learning programs along with the

and environmental campaigns, the

“Angelitos de Luz” foundation,

company also adds more than

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57


Gran Colombia Gold

Mining

FOUNDED:

2010 INDUSTRY:

Mining www.grancolombiagold.com.co angel.Meza@grancolombiagold.com.co

58

October 2021


Mining

Gran Colombia Gold

Recent i nvestments have been desti ned to the acquisition of new underground machiner y

$3 million investments to improve and create new roads, benefitting transit in these territories. “We highlight the positive impact created by alliances among government agencies, local mayors, communities, NGOs and the private sector,” Meza pointed out. A SHINY HORIZON The future for Gran Colombia Gold will rely on the support and infrastructure to achieve goals such as reaching a leadership position in the underground mining sector worldwide at profitable costs. At the domestic level, the company’s intention is to contribute to the country’s economic recovery in collaboration with neighboring communities and local governments, keeping a lasting, stable relationship with its stockholders to strengthen its position among society and reach the top ten list of the most productive mines in the territory, with reserves of one million oz. of gold through sustainable practices.

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Gold standards for mining in Nicaragua

Assertive efforts able to increase value in production and within surrounding communities take Calibre Mining into a leading gold producer in Nicaragua


Produced by Jassen Pintado Interviewee Petri Salopera, Vice-President of Sustainability at Calibre Mining


Mining

Calibre Mining Corp.

C

alibre Mining is a Canadian company with corporate headquarters in Vancouver, British Columbia, operating in Nicaragua. The

company trades in the Toronto Stock Exchange (TSX: CXB). The company’s executive leadership

Salopera earned a Master’s Degree in Development Studies, Latin American Studies and Social Studies from the University of Helsinki (Finland), besides taking part in postgraduate studies in Community Relations at the University of Queensland (Australia). Salopera’s experience has taken

is formed by an outstanding group

him to executive positions in mining

of individuals with decades worth

companies such as BHP and Newmont-

of experience not only in mining but

Goldcorp (both in Chile), Rio Tinto

also in public companies. The group’s

(Peru) and Newcrest (Ecuador).

successful precedents include the

Besides mining, Salopera has also

sale of seven mining companies in

been involved in academics and

transactions amounting to more than

NGOs in Europe and Latin America,

$5 billion.

focusing on environmental, community,

“We are focused on generating sustainable value for the long term

62

THE KIND OF LEADERSHIP MINING NEEDS TODAY

sustainability and media matters, besides government relations.

for shareholders, the communities we

“Mining and its potential for positive,

operate in and every party of interest,”

sustainable change generation is one of

said Petri Salopera, Vice-President of

the subjects that I’m most passionate

Sustainability at Calibre Mining.

about,” commented the executive.

October 2021


Calibre Mining Corp.

Mining

- Petri Salopera, Vice-President of Sustainability at Calibre Mining

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63


Solutions designed for the client’s needs, with advice throughout the process

Tajo Mina el Limón. Cliente: Calibre Mining

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Mining

Calibre Mining Corp.

“Estamos enfocados en generar valor sostenible a largo plazo para todas las partes interesadas” - Petri Salopera, Vice-President of Sustainability at Calibre Mining

MUTUAL BENEFITS FROM PRESENCE IN NICARAGUA

Calibre’s production in Nicaragua currently generates 36% of the country’s exports in gold. And in 2020 only, Calibre’s expenditures paid nearly $200 million in the country among operational expenses, employee salaries and benefits, capital expenses as well as in direct investments contributing to wellbeing and education in communities where the company operates in, while creating more than 3,000 positions for direct and indirect

labor, and counting with 98% of Nicaraguan nationals on its staff. Not bad for a company that arrived in the country in 2009 whose main operations were mining exploration, near the country’s Caribbean coast, mainly. “Nicaragua has a mining tradition; we’ve always stated that the country has well established, clear laws regulating the mining industry,” Salopera declared. KEY ACQUISITIONS

In 2019, Calibre acquired assets

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67



Mining

Calibre Mining Corp.

in Nicaragua from B2Gold. This

Exploration with the purpose of

transaction included La Libertad

increasing investments in different

(in Chontales) and El Limón mines;

mining projects within Nicaragua.

currently, both locations are goldproducing sites. Also, the company owns the Pavón and Eastern Borosi

OPERATIONS AND ABILITIES

Calibre Mining’s operational model is run under the “Hub and Spoke” scheme:

(EBP) projects, which imply a significant extracting minerals from different sites to contribution to the companies’ be carried into processing plants which operations in Nicaragua. Calibre also acquired several

sum a processing capacity of 2.7 million tons per year, which allows to ramp up

exploration concessions, and in

production rapidly and with low costs,

March 2020 the company signed

delivering long-term value

an agreement along with Rio Tinto

for shareholders.

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69



Calibre Mining Corp.

This combination allows reinvestment for exploration in emerging areas. OPTIMIZED PROCESSES

Calibre Mining uses up to 97% of recycled water in production processes through tailings dams, which are built with waterproof materials to avoid residuals being in contact with the ground or groundwaters.

Mining

“Mining and its potential for positive, sustainable change generation is one of the subjects that I’m most passionate about”

Tailings storage facilities include piezometers to measure residuals in tailings and embankments. “As a company, we are focused

- Petri Salopera, Vicepresidente de

on a sustainable performance with

Sostenibilidad en

disciplined growth,” the executive

Calibre Mining

pointed out. LOCAL AND GLOBAL SUPPLIERS

In 2020, Calibre mining invested $58.6 million in purchases. The company is conveniently supported by Bertling Logistics, Canchanya Ingenieros, Casa Pellas, Empremar,

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71


Calibre Mining Corp.

Mining

Calibre Mining directs ef fo r ts towa rd sustainable operations and contr ibutes towa rd operating in sustainable communities

Explotec, Grupo Santa Fe, Kal Tire, NIMAC and Puma Energy, among other companies. Every Calibre Mining supplier,

Purchases Task Force. The Directive Committee for Local Content was established in 2020 and is in charge of supervision, revision,

either big or small, is aligned with the

approval and support of strategies

company’s standards about ethics and

based in each site.

care for the environment. Calibre also has supplier development programs

SAFE AND SKILLED WORKFORCE

During 2020, the entire staff at

either for key suppliers countrywide

Calibre Mining was subject to safety

or local suppliers in each site, with the

training sessions focused in each

latter group being managed by the Local different area, pointing out possible

72

October 2021


Calibre Mining Corp.

Mining

The staf f at Cal ib re Mining is subject to r igo rous training sessions fo r safet y and r isk exposure

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73


An excellent operational performance does not need many words of explanation, but one simple answer: Bertling in Miami. Local services include: Project Freight Forwarding • Trucking • Resupply Logistics • Customs Clearance • Warehousing IT & Software Solutions Bertling Logistics, Inc. 12604 N.W. 115th Ave. FL 33178 Miami United States of America Nestor Gonzalez, Commercial Director +1 305 7931367 nestor.gonzalez@bertling.com Visit www.bertling.com/miami to find out more.

74

October 2021


Mining

Calibre Mining Corp.

dangers and risk exposure, besides

“This brought a positive impact in

spreading safety regulations for

our staff and we have been allowed

each aspect.

to operate without having to halt

Nine other specialized technical safety trainings were added,

our operations again since,” Salopera added.

accomplishing goals beyond the basic requirements. ADAPTING TO CONDITIONS DURING THE COVID-19 EMERGENCY

Consequences deriving from de COVID-19 pandemic also affected the mining industry, and Calibre Mining

EFFORTS AIMED TOWARD SUSTAINABILITY IN EVERY FRONT

Caring for the environment and company efforts in surrounding communities are an important part of Calibre Mining’s success. Since 2020, the company has

adapted to the new conditions after

held multiple meetings with different

a temporary halt to activity during

groups such as native communities,

April 2020.

among others, which are aware of the

Top priority for operations under

company’s responsible operations

these new conditions has been the

firsthand. All of these interactions take

safety and wellbeing of company

place under the best global practices

employees; for this purpose, Calibre

carried out by Calibre and under

Mining developed and implemented 17

the company’s Native Communities

new biosecurity protocols.

Standards, besides being in contact

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75


INTERNATIONAL TRADE OPERATOR

Contact and follow us:

Expect more at every stage of tire life

Whatever your goals – reducing costs, improving uptime or fulfilling sustainability commitments – Kal Tire’s Mining Tire Group has proven solutions. With productivity expertise, tire management innovation and highly trained people executing to standard, at Kal Tire, we believe you can expect more.


Mining

Calibre Mining Corp.

“The country has well established, clear laws regulating the mining industry” - Petri Salopera, Vice-President of Sustainability at Calibre Mining

with the Regional Governments of the

sustainable gold mining industry based

North and South Caribbean Coast.

on a deep understanding of gold’s role

The company operates under

in society, today and in coming years.

Nicaraguan regulations, besides

“The goal is delivering value for

carrying out practices aligned with the

our groups of interest in a responsible

UN’s Sustainable Development Goals

way through innovative management

(SDG), publishing its first Sustainable

focused on participation,” declared

Development Report. It’s also worth

the executive.

mentioning that in August 2020, the company joined the World Gold Council (WGC). As members of this

EFFORTS IN SURROUNDING COMMUNITIES

• In the Pavón Mine (located in

organization, we share a unified vision

Rancho Grande, Matagalpa), Calibre

of our responsibility in securing a

Mining partnered with the CEN

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77


Calibre Mining Corp.

Mining

Ca l i b re M i n i n g’s p ro d u ct i o n co nt r i b u te s to m o re t h a n 3 0 % of N i ca ra g u a’s g o l d ex p o r t s

environmental organization (Center for Understanding with Nature) to join

hurricanes Eta and Iota in 2020, Calibre

environmental, social and economic

Mining created a humanitarian aid fund

goals within this site.

along with local authorities and NGOs,

• In the El Limón Mine, the

helping vulnerable communities in

company co-financed a campaign

the Rosita, Siuna, Bonanza, Rancho

from the Ministry of Health, benefitting

Grande, El Tuma-La Dalia, El Cua and

5,055 residents from El Limón and

San José de Bocay communities.

surroundings, reducing risk of infections

78

• After damages caused by

• In Rancho Grande, the company

from diseases such as dengue fever

built a new educational center for

and Zika virus.

the Yahosca Arriba community,

October 2021


Mining

Calibre Mining Corp.

The company i s a l so i nvo lved i n othe r ex p l o ration projects, some of them along strategic par tners

with improved infrastructure -including

WGC, with the duty of complying

solar panels-, benefitting more

with the Responsible Gold Mining

than 40 students.

Principles (RGMP) from this entity. The

A BRIGHT FUTURE SHINING AHEAD

Toward the end of 2021, gold

company is already directing efforts to align with these regulations, as well

production from Calibre Mining is

as with the International Council on

projected to reach between 170,000

Mining and Metals Principles, besides

and 180,000 oz.

its commitment to comply with efforts

Previously, with the purpose of creating a mid-level gold mining company, in 2020 Calibre joined the

aligned to the UN’s SDGs. It’s projected that the company will be taking three years to totally comply

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79


Calibre Mining Corp.

Mining www.cis.com.pe

contactos@cis.com.pe

INGENIEROS MINERÍA E INFRAESTRUCTURA

The Mining specialists with safety, care for the environment and quality. Canchanya Ingenieros S.R.L. Peruvian company, established in 1993, specializing in the execution of works and comprehensive managementof underground and open-pit mining operations. Telephone Nicaragua: +505 7516 1796 Telephone Peru: +511 995723074

with RGMP, current efforts to fulfill this goal include identifying areas of

Fuels and lubricants that offer integrated solutions to ensure smooth, efficient and safe operations.

improvement as well as those that are already aligned with such standards. Other purposes for Calibre Mining include reducing greenhouse gas emissions within the mid-term. “We keep our goal of interacting in an open, respectful way to continue contributing in a positive, constructive manner to improve people’s living conditions,” finalized Petri Salopera, Vice-President of Sustainability at Calibre Mining.


Calibre Mining Corp.

Mining

FOUNDED:

2009

im Nicaragua

INDUSTRY: Mining

www.calibremining.com

EMPLOYEES: 3,614 employees (as of August, 20211)

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81


In the right place to obtain and export minerals Produced by Jassen Pintado

Written by Mateo Rafael Tablado

Interviewee Víctor Flórez, Mining General Manager for Carbomas


Carbomas operates in strategic locations which facilitate the exportation of its coke mineral products, besides optimizing its production by investing on equipment and developing its workforce.


Mining

CARBOMAS

C

arbomas’ business

Metallurgy Engineering from the

consists in the

National University of Colombia, and

exploration,

afterwards he earned a Postgraduate

extraction and

Degree in Business Administration

commercialization

from the University of Santander

of minerals. Such

(also in Colombia).

activities are developed through

His experience in the mining sector has expanded on for more than 13

its brands Carbomas and Metalmax.

years, having worked in companies

The company was created by a

such as Cerro Matoso and Prodeco,

business group formed in 2015 in

moving up from operational positions

the Department of North Santander,

to management before being hired by

Colombia.

Carbomas in August 2020.

“As a business group, we are

“During these years I have worked

currently known as the largest

in production and strategic planning

producer of ultra-low phosphorus

positions”. Flórez said.

coke in Colombia”, pointed out Víctor Flórez Mejía, Carbomas Mining National Manager. EXPERIENCED LEADERSHIP WITH KNOWLEDGE OF THE MINING SECTOR Flórez graduated in Mining and

84

October 2021

WIDE EXPERIENCE THROUGH DIFFERENT OPERATIONS Carbomas develops its operation in different departments in Colombia, producing mainly thermal coal, coking coal and copper concentrates: • Department of Córdoba:


Mining

CARBOMAS

Carbomas has a thermal coal open

Three underground mining operations

pit mine, besides currently operating

and four exploration projects. Coking

two thermal coal exploration projects,

coal is obtained out of the working

expecting to bring over 11,000

operations, along with the extraction

BTU (British Thermal Units) to the

of ultra-low phosphorus coke, used

international coal market, with a sulfur

in ferroalloys.

concentration below 1%. • Department of North Santander:

• Department of Cesar: Copper exploration projects in its exploration

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85


CARBOMAS

86

October 2021

Mining


Mining

CARBOMAS

stage, operations are expected to beguin in the Q4 2021 to export copper concentrate from the ports of Santa Marta (Department of Magdalena) and Barranquilla (Department of Atlantic). • Department of La Guajira: Copper project recently assigned by the Colombian government. The deposit is in the La Jagua del Pilar Municipality and its exploration would

THE NECESSARY EQUIPMENT FOR WORKS TO BE PERFORMED Exploration projects Carbomas is in charge of, which are several at a national level, have led the company to take the decision of acquiring both underground and surface drilling machinery, which could result in cost reduction of approximately 6% per drilled ft in these projects. Carbomas relies on equipment such

take place

as scanners for underground mining,

in Q4 2021. This strategic reserve

among its advanced technological

was given through the National

solutions, which can give information

Mining Agency for its exploration

about the tunnels with great accuracy

and exploitation, and was assigned

for applications in topography

by public tender.

processes, mining planning and

“We were fortunate to be the first company benefited with the

geotechnics. In managerial matters, the company

assignment of this block”, the

is implementing an ERP system

executive said.

which will optimize its processes. This system, along with the acquisition of

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87


CARBOMAS

Mining

We are the largest producer of ultra-low phosphorus coke in Colombia - Víctor Flórez Mejía, National Mining Manager at Carbomas

exploration machinery equipped with

importance is given to its suppliers, an

the most advanced technology, will

integral and highly valued part of its

result a greater efficiency in cost.

productive chain.

“Nowadays, plenty of technological

88

Companies such as Boart Longyear,

advances applied to mining have

Caterpillar, Cino Mining, Dassault

been developed, these allow us to be

Systèmes and Komatsu, among

more cost-efficient and increase our

others, provide Carbomas’ operations

productivity”, Flórez declared.

with value.

STRATEGIC SUPPLIERS AND PARTNERS Carbomas’ strategic stockholders

TOWARDS GREATER SECURITY AMONG THE HUMAN TEAM Among traits shared by Carbomas’

and partners are highly valued

workers, their energy, the fact of self-

regarding their contribution to the

imposing high growing goals, as well

company’s operations, and this same

as the evolution of a culture of security

October 2021


CARBOMAS

Mining

- Víctor Flórez Mejía, National Mining Manager at Carbomas

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89



Mining

CARBOMAS

and respect for the environment

surrounding its operations are based

certainly stand out, besides giving

on mutual benefits, encouraged

value to the communities where the

by the creation of self-sustainable

company operates.

development programs for these

Carbomas’ workforce is currently going through a transformation

settlements. Among the renowned efforts for

towards a self-care culture in each

this purpose are the alliances created

of its collaborators, thus favoring a

along local governments with the

more secure and healthier working

purpose of promoting the growth of

atmosphere. REAL BENEFITS FOR NEIGHBORING COMMUNITIES The relationships between Carbomas and the communities

the communities where the company has got influence. The main aspects in which Carbomas has become as an agent for change among these communities

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91


CARBOMAS

Mining

It is really important for us to bring value to the communities where we work at - Víctor Flórez Mejía, National Mining Manager at Carbomas

92

October 2021


Mining

CARBOMAS

include agriculture, construction

Their vision in a few years’ time is

of access roads, education, and

to become the mining company

jobs generation.

with the largest quantity of mineral products in its portfolio in Colombia.

“It is really important for us to bring value to the communities where we work at”, the manager stressed.

Nowadays, the company makes a place for itself in the products obtained from lines of work such as coke, metallurgic coke, coking

PORTFOLIO GROWTH TOWARDS THE FUTURE

coal, thermal coal, copper

Carbomas is setting highly important

concentrates and gold.

challenges, which are within reach.

FOUNDED:

2015 INDUSTRY:

Mining CONTACT: victor.florez@carbomas.com

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93


Read our previous editions! Digital communications for today’s enterprises

MELIÁ September 2021 | www.thebostonbr.com

(Dominican Republic) Beyond hospitality and into new leisure ventures

ARANWA HOTELS RESORTS & SPAS (Peru) Wellness and hospitality at Peru’s dreamiest destinations

SIMPLOT (Mexico) The best fries in the best conditions in every table

Responsible gold production and explorations in Nicaragua

Ten megaprojects never finished

Petri Salopera, Vice-President of Sustainability at Calibre Mining

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