Falconbridge's onaping depth project

Press release 26/05/2000 00:00 CET

Kvaerner Cementation and its South African-based sister company, Cementation Mining, have recently been selected to participate in the Onaping Depth feasibility study for a new nickel and copper mine in Ontario, Canada.

Operating out of its Ontario office, Kvaerner Cementation will be working in an integrated partnership with the mine’s owner and manager, Falconbridge Limited. The project involves establishing access and services to an orebody in excess of 2,300 metres in depth, located near two existing mines, Falconbridge Craig and Onaping mines near Sudbury, in Ontario.

In the initial phase Cementation will assist the Falconbridge project team in developing the shaft sinking elements of the feasibility study. Concurrent with this engineering work, Falconbridge and Cementation have agreed to develop an alliance style contract for Cementation to carry out the shaft detailed design, winze headworks development, shaft sinking and associated underground construction for the project. When Falconbridge Board of Directors approve the project and the contract, Cementation will start the implementation phase.

The Cementation group will be a key player in the Falconbridge team that will be carrying out the feasibility study and implementing the project.

The development and implementation of the contract will be based on partnering principles and the project approach is an integrated team of Falconbridge and Cementation personnel. Kvaerner Construction Group has substantial experience with partnering style contracts, which have proven to be successful on large scale construction projects in the past.

Preliminary studies indicate that if approved, the value of the initial phase of the shaft related development and shaft sinking portion of the Onaping Depth project would be in the order of Canadian $150 million. With subsequent phases the total value of the shaft and development scope of work could be up to Canadian $220 million.


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