Posted by Daniel Gleeson on thirteenth September 2024
Endomines Finland Oyj’s subsidiary, Endomines Oy, has entered right into a cooperation settlement with mining contractor Veljekset Toivanen Oy, masking the underground mining operations within the Hosko manufacturing web site.
Endomines opened the Hosko open pit mine in February 2024. Hosko is positioned on the Karelian Gold Line, about 20 km north of Pampalo. The corporate is now increasing its mining operations to incorporate an underground mine along with the open pit mine. Veljekset Toivanen Oy has been chosen as a accomplice for the underground mining contracts.
“Veljekset Toivanen Oy is a well known and dependable mining contractor with intensive expertise and experience within the discipline,” Ilkka Räty, Endomines’ Chief Working Officer, says. “The corporate’s sturdy competence and dedication to accountable operations make it a superb accomplice for Endomines.”
Endomines has cooperated with Veljekset Toivanen previously. The corporate has been liable for open-pit mining within the Pampalo and Hosko manufacturing websites.
Räty added: “It’s nice that our cooperation with Veljekset Toivanen continues. Veljekset Toivanen’s operations emphasise occupational security, improvement actions and professionalism, which supplies us confidence to proceed our collaboration.”
Endomines strongly believes within the potential of the Hosko space, and thru the underground mine, the corporate will be capable of higher use the world’s gold sources. The corporate’s medium-term objective is to extend gold manufacturing to twenty,000 oz by the top of the present yr. The Hosko underground mine will assist Endomines obtain this objective.
Ari Keskitalo, Head of Mining Operations at Veljekset Toivanen Oy, stated: “Veljekset Toivanen Oy is proud to be a part of this undertaking. Our cooperation with Endomines is proof of the dedication of each firms to accountable and environment friendly mining.”
