Posted in | News | Gold | Mining Business

ABB to Deliver Equipment Worth Over $11 Million to Kittilä Gold Mine in Finland

As part of the development of its mining processes, the largest goldmine in Europe — located in Kittilä, the far north of Finland — has invested in ABB’s production and personnel hoists. This investment will contribute to increasing the capacity of the mine and reducing the use of fossil fuels.

The delivery is part of the $186 million expansion investment in the Kittilä mine by mining company Agnico Eagle Finland Oy, which started in the spring of 2018. A mine shaft over a kilometer deep will be built at the mine, from which ore will be lifted with hoisting equipment supplied by ABB. The shaft will make it possible to utilize the deeper parts of the gold deposit in an economically viable way. This will also improve the energy efficiency of the mine and reduce the use of fossil fuels, as it will replace the truck and off-road vehicle transport of ore and personnel. The processing capacity of the mine's concentrating plant will increase from the current 1.6 million tons to 2.0 million tons per year.

The ABB delivery includes  one friction type production hoist with 2.5 megawatt of  motor power as well as a 1.2 megawatt single drum personnel hoist. These are the first hoists in the Kittilä gold mine. ABB will also deliver online remote support services for real-time hoist condition monitoring. With ABB Ability, ABB will provide the best availability and expert support for the customer for this project.

“ABB has proven to be a reliable and capable partner in mining projects. In addition, ABB has a comprehensive service network in the area, which is indispensable for ensuring production. The hoisting machine is a new critical factor in the mine production chain, where all of the above things are emphasized," said Seppo Voutilainen, project manager at Agnico Eagle Finland Oy.

“We're very glad to partake in this hoist project with the Kittilä mine.” “We've been planning the project together for several years in order to create the best technical solution possible”, said  Mikael Ingo, Process Industries HUB BU Manager, North Europe, ABB.

The mining field is experiencing a period of strong growth in Finland. In 2017, over $349 million was invested in mining operations. The growth from the previous year was 25 percent. ABB has delivered over 700 mine hoisting systems all over the world, among which many hold the world records of either in capacity or efficiency.

The Kittilä mine is the largest gold mine in Europe. The mine already utilizes a varied range of ABB technology, including motors, an automation system, frequency converters and instruments. The current life cycle of the mine is estimated to last at least until 2035.

The personnel and the production hoists will be installed and introduced at the Kittilä mine during 2020–2021.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    ABB Ltd. (2018, September 10). ABB to Deliver Equipment Worth Over $11 Million to Kittilä Gold Mine in Finland. AZoMining. Retrieved on November 21, 2024 from https://www.azomining.com/News.aspx?newsID=15628.

  • MLA

    ABB Ltd. "ABB to Deliver Equipment Worth Over $11 Million to Kittilä Gold Mine in Finland". AZoMining. 21 November 2024. <https://www.azomining.com/News.aspx?newsID=15628>.

  • Chicago

    ABB Ltd. "ABB to Deliver Equipment Worth Over $11 Million to Kittilä Gold Mine in Finland". AZoMining. https://www.azomining.com/News.aspx?newsID=15628. (accessed November 21, 2024).

  • Harvard

    ABB Ltd. 2018. ABB to Deliver Equipment Worth Over $11 Million to Kittilä Gold Mine in Finland. AZoMining, viewed 21 November 2024, https://www.azomining.com/News.aspx?newsID=15628.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.