Press release March 24, 2010 01:00:00 PM CET

Metso to supply grinding equipment to Kinross Gold, Brazil

Metso Corporation's press release on March 24, 2010 at 2:00 p.m. local time

 

Metso will supply a complete ball mill and related equipment and services to Kinross Gold Corporation for its Morro do Ouro Mine in Paracatu, located 230 km south from Brazil's capital Brasília. The delivery will be completed by June 2010. The order is included in Mining and Construction Technology's Q1 orders received. The value of the order is not disclosed.

 

The order comprises three ball mills. Metso's scope of supply also includes a mill jack cradle, spare parts, and site erection supervision services. Metso has already supplied one SAG mill and two ball mills for this grinding circuit.

 

Kinross´ total investment to the project is approximately EUR 70 million. Kinross is a Canadian-based gold mining company with mines and projects located in the United States, Brazil, Chile, Ecuador and Russia. The company employs approximately 5,500 people worldwide. Kinross is listed on Toronto and New York Stock Exchanges.

 

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com

 

Further information for the press, please contact:

 

Eduardo Kubric, Capital Mining Sales Director, Brazil, Mining and Construction Technology, Metso, tel. +55 15 2102 1636