Loading metal prices...

San Juan: Aldebaran and Nuton, a Rio Tinto Company, to Collaborate on Altar Development

2 mins reading
San Juan: Aldebaran and Nuton, a Rio Tinto Company, to Collaborate on Altar Development
San Juan: Aldebaran and Nuton, a Rio Tinto Company, to Collaborate on Altar Development
Share:

Canadian-based company Aldebaran Resources Inc has entered into a collaboration agreement with Nuton LLC, a joint venture of Rio Tinto, to assess the use of Nuton's patented primary sulfide leaching technologies at the Altar copper-gold project located in San Juan, Argentina.

By Panorama Minero

Under the terms of the agreement, Aldebaran will provide samples representing various mineralization styles from the Altar project to Nuton for analysis and technology utilization. Subsequently, Nuton will conduct detailed mineralogical studies of each sample. The samples will be placed in columns with a height of 1 meter, each under different operating conditions, and will be supervised by Nuton. Full results are expected to be available approximately one year after material loading, with testing anticipated to begin in the first half of 2024.

As part of the agreement, Aldebaran has granted exclusivity to Nuton in the area of novel, patented, or trade secret leaching technologies for a period of one year from the agreement date, starting from January 9, 2024. The parties will share the cost of the testing program, with Aldebaran covering the cost of preparing and sending samples to Nuton, and Nuton paying the respective costs of the metallurgical tests.

John E. Black, CEO of Aldebaran, commented, "We are pleased to collaborate with Nuton to assess the potential use of their sulfide leaching technology at the Altar project. Although sulfide leaching is not necessary to advance the Altar project, it could have a positive impact on the project's economics if successful”.

Adam Burley, CEO of Nuton, stated, "We are pleased to announce this collaboration agreement with Aldebaran. Nuton has a wide range of possible use cases. At Altar, we are encouraged by Nuton's potential to release copper resources in a project with substantial scale potential and more environmentally efficient than conventional processes”.

Published by: Panorama Minero

Category: News

Join our mining community!


Subscribe to our newsletter for exclusive news, insights, and updates on the mining industry and Panorama Minero's latest initiatives.

Illustrative image for the article: MARA Receives Recognition for Its Environmental Restoration Plan

MARA Receives Recognition for Its Environmental Restoration Plan

The MARA Project, located in the province of Catamarca, has been recognized in the biodiversity management competition organized by the Argentine Chamber of Mining Entrepreneurs (CAEM) and the ProYungas Foundation. The initiative awarded its revegetation program, developed as part of the closure plan for the Alumbrera mine.

Veladero Dismantles Original Camp and Achieves 100% Module Reuse

Veladero Dismantles Original Camp and Achieves 100% Module Reuse

The Veladero mine is progressing with the removal of infrastructure that is no longer part of its active operation. Between January and May of this year, it completed the dismantling of its original construction camp, built in 2004 to house over 2,500 workers during the project’s initial phase.

Suppliers: Sandvik Introduces Multi-Point Remote Control for Surface Drilling

Suppliers: Sandvik Introduces Multi-Point Remote Control for Surface Drilling

Sandvik Mining has announced a new feature within its AutoMine® system: Surface Fleet, a tool that enables the operation and supervision of more than 15 i-series surface drill rigs from any connected location. The solution aims to enhance operational continuity during shift changes, reduce downtime, and facilitate the remote management of drilling fleets in surface mining operations.