Northparkes Mines set for $200m growth project
January 11th, 2019
China Molybdenum Company (CMOC) and Sumitomo have approved the development of a new block cave mine to expand the Northparkes Mines copper-gold operation in New South Wales.
The $200 million, three-and-a-half-year project (called E26 Lift 1 North) will start this month and is expected to reach full production in mid-2022.
It is forecast to produce around 40 million tonnes of ore over a 10-year period once operational.
The project will involve 11 kilometres of underground development, an underground primary crusher, conveying systems and associated infrastructure.
Northparkes will employ up to 180 people, including a mix of employees and contractors, at the peak of project construction.
The operator is currently upgrading the ventilation system to provide the new mine with sufficient air flow to support development and production activities.
E26 Lift 1 North will embrace Northparkes’ long-standing focus on technology through a design that will use an increased level of automation and digitisation. Read more…