Finning does $56M deal with UK firm
The U.K. division of
The equipment package, worth about C$56 million, consists of 29 “777” dump trucks, 17 coaling excavators, another 17 coal-loading shovels, 11 D9 bulldozers and other Caterpillar equipment.
The equipment replaces some of the existing fleet and will be delivered over the next 18 months.
“CAT products are highly regarded in the mining sector and we look forward to an excellent partnership with ATH Resources,” says Neil Dickinson, managing director of Finning U.K.
Vancouver-based Finning is one of the world’s largest Caterpillar equipment dealers. The company sells, rents, finances and provides customer support services for Caterpillar equipment and engines in western Canada, the U.K., and South America. Finning also owns Hewden, the largest equipment-rental business in Europe.
AMEC to deliver Victor
Diamond titan
The 7,250-tonne-per-day, open-pit operation will be the first diamond mine in Ontario and De Beers’ second mine in Canada.
“AMEC is excited to play a significant role in Ontario’s first diamond mine,” says Bob Stanlake, vice-president of the company’s mining and metals unit.
De Beers received some good news recently when the Attawapiskat First Nation, the majority of whom live near Victor, ratified an impact-benefit agreement. The project will employ members of First Nation communities and other communities in northern Ontario. About 600 locals will be employed during construction, but that number will drop to 400 once production begins in late-2008.
Site facilities at Victor will include an open pit-mine, a 2.65-million-tonne processing plant, a pit dewatering system, a fuel storage facility, workshops, warehouses, offices, an accommodation complex, and an airstrip.
In November 2002, AMEC signed an agreement with De Beers to become its preferred supplier for engineering, consulting and project/construction management services in Canada.
Tyhee retains Micon at Yellowknife
Micon International has been awarded the contract to complete a prefeasibility study on
Micon and Tyhee’s technical consultants will review the project and table a National Instrument 43-101-compliant prefeasibility study by year-end.
Tyhee reports that underground development at Yellowknife advanced 190 metres in July. Meanwhile, 65 metres of subdrifting have been completed on the 30 zone, thereby confirming continuity of the zone over a strike length of 95 metres. Subdrifting on the 60 zone stopped at 57 metres, pending additional drill results. Assays from both zones are expected soon.
In August, drilling focused on the northwest extension of the Ormsby zone.
Micon has provided independent engineering services to mining companies for more than 25 years.
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