Boliden AB announced that it has made a total investment of EUR 33 million in Tara, a large zinc mine, which accounts for half of Boliden's production of zinc concentrate. The company said that successful exploration at the Tara zinc mine in Ireland has identified a new mineralisation, Tara Deep, with an inferred mineral resource of 10 Mtonnes. As a result, Boliden has decided to expand the mine's tailings dam and launch a programme to extend the life-of-mine. This new tailings dam will have sufficient capacity for production at current levels until 2026. This investment of EUR 33 million is conditional upon obtaining the necessary official permits. It is based on mining until 2023, but the new mineral resources offer additional potential. Also, the construction of an exploration drift to the new deposit at a cost of EUR 11 million has been approved.