Talvivaara suffers leakage, production suspended
Talvivaara Mining Company has announced a leakage in the gypsum pond at its mine site meaning that metals production is temporarily suspended.
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.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"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
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
How to find the best luxury hotel deals
Knowing how to find the best luxury hotel deals can help holidaymakers enjoy high-end experiences without the sky-high costs. We reveal how to bag the best value for less.
-
Frozen thresholds could push ‘tax freedom day’ to latest date this century
Tax freedom day is the point in the year you stop earning for the taxman and start earning for yourself. A rising tax burden could push it to 12 June this year – the latest date since 1982.