- Write by:
-
دوشنبه 6 ارديبهشت 1400 - 12:30:34
-
782 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
The four largest indigenous communities in Chile’s Atacama salt flat suspended dialogue with state-run copper giant ...
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value ...
Representatives from the Peñas Negras Indigenous community, in northwestern Argentina, clashed with heavily armed police ...
Newmont confirmed on Wednesday that two members of its workforce died this week at the Cerro Negro mine located in the ...
Chinese investors are snapping up stocks tied to high-flying metals from copper to gold, aiding an onshore market facing ...
Outflows from global physically backed gold exchange traded funds (ETFs) continued for a 10th month in March, but at a ...
i-80 Gold fell by over 11% at market open Tuesday following its announcement of a C$100 million ($74m) public offering ...
Australia’s Westgold Resources said on Monday it had agreed to acquire Toronto-listed Karora Resources in a ...
Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the ...
No comments have been posted yet ...