- Write by:
-
دوشنبه 6 ارديبهشت 1400 - 12:30:34
-
792 Visit
-
Print
Newcrest Mining intends to contract Barminco for the development and exploration of the Red Chris gold-copper project in British Columbia, Canada.
The Perenti Global subsidiary is expected to undertake mobilisation and site establishment activities and develop a 3.5 kilometre underground exploration decline at Red Chris.
The contract is valued at $38 million over a 16-month period.
Perenti managing director and chief executive Mark Norwell said the company had been looking to grow its presence in North America.
“Geographic expansion has been a key focus of our 2025 strategy and this early-stage work at Red Chris builds on our regional growth capabilities after commencing in North America just over a year ago,” Norwell said.
“The underground exploration decline works are a significant opportunity and puts the company in a strong position to access the much wider scope of works associated with the potential block cave development that Newcrest aims to progress towards in the coming years.”
The Red Chris project is a 70:30 joint venture between Newcrest and Vancouver-based Imperial Metals Corporation, and lies on the territory of First Nations people, the Tahltan Nation.
Perenti’s chief executive for mining Paul Muller highlighted the importance of the company’s strong relationship with local communities and Traditional Owners.
“We acknowledge and respect the Tahltan as the First Nations people of the area and we look forward to working together at the Red Chris project,” Muller said.
“Our focus at Red Chris will be on delivering safe, reliable and efficient development services and we look forward to building long and productive relationships with Newcrest, the members of the Tahltan Nation and all of our stakeholders in British Columbia.”
Short Link:
https://www.miningnews.ir/En/News/613272
Harmony Gold said on Thursday an employee working on planned rail maintenance had died at its Mponeng mine in South ...
Emerging North American gold producer Contango ORE is boosting its landhold in Alaska with the acquisition of Canada’s ...
Gold fell, with market watchers saying the previous day’s rally in response to Federal Reserve Chair Jerome Powell’s ...
Canadian miner Barrick Gold on Wednesday beat first-quarter profit estimates on higher bullion prices and said it has ...
Barrick Gold faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ...
Gold wavered as traders looked ahead to a week with a Federal Reserve rate decision meeting and key US jobs data.
Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world’s largest gold miner ...
China’s Zhaojin Mining Industry said on Wednesday that its A$733 million ($477.8 million) offer to buy Australia’s ...
Toronto-listed miner OceanaGold Corp said on Wednesday it will raise 6.08 billion pesos ($106 million) through an ...
No comments have been posted yet ...