WORLD NEWS
UZBEKISTAN Uralmashplant and Enter Engineering to build ore mining and processing plant
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onsortium of Enter Engineering (EE), a leader in industrial building construction in the market of Central Asia and Russia, and Uralmashplant JSC (part of the industrial group of Gazprombank) are set to build an ore mining and processing plant in Uzbekistan. Representatives of the alliance between the companies have recently signed an agreement with Almalyk Mining and Metallurgical Combine (AMMC), a major producer of cathode copper in Uzbekistan. Alfonso Samonte Tengko, an Authorised Representative of EE, and Yan Tsenter, CEO of UZTM-KARTEX Group, signed an EPC contract for the engineering, procurement and construction of a copper-concentration complex in the city of Almalyk (MOF-3), on behalf of the consortium. The total value of the contract is US$2 billion and the project will be completed in 2023. On behalf of AMMC, the document was signed by Bakhodirzhon Sidikov, Director of the project office for the implementation of the investment project ‘Development of the Yoshlik-1 deposit’. According to the document, EE and Uralmashplant will jointly build a turnkey plant at Almalyk MMC: EE will carry out the design
and construction of the facility, and UZTM will supply the full range of process equipment. UZTM plans to manufacture over 100 pieces of equipment for MOF No. 3, with a capacity of 60 million tpy, including large-capacity mills, crushing and handling plants, secondary cone crushers, press-rolls, screens of various types, and other equipment. According to Sidikov, the choice of consortium for the performance of the contract was based on its competitive advantages in terms of cost, plant commissioning period, and conditions of financing for the entire value of the contract. When evaluating the proposals, the company also considered the possibility of local labour force intake by the consortium, as well as local manufacture of spare parts and materials for the equipment at the central repair and mechanical plant of Almalyk MMC JSC. The construction of a concentration plant at Almalyk MMC is the first joint project of UZTM-KARTEX (incorporates Uralmashplant and IZ-KARTEX) and EE. In the future, the companies within the framework of the created association plan to participate in the construction of other facilities both in Central Asia and Russia.
CANADA McLaren Resources receives exploration permit for Kerrs Gold property
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cLaren Resources Inc. has been issued a mineral exploration permit by the Ontario Ministry of Energy, Northern Development, and Mines (MENDM) for its 100% owned Kerrs gold property, located in the prolific Timmins Gold District of Northeastern Ontario, Canada, where over 70 million oz of gold have been produced to date. The Kerrs Permit has been issued to McLaren for an initial 3 year term. This permit allows McLaren to undertake various surface exploration activities on the property including line-cutting, geological and geophysical surveys, and diamond drilling. It is anticipated that initial data compilation and field studies are to be undertaken on the Kerrs property during the summer of 2021. McLaren has also applied to MENDM for an exploration permit for its 100%-owned McCool gold property. The application is currently under review by MENDM and it is anticipated that an exploration permit will be issued to McLaren in the coming weeks. The 775 ha. Kerrs gold property, along with 275 ha. McCool gold property, were acquired from Newmont Corporation in
mid-2020 in exchange for a 4 year option on McLaren’s Augdome gold property, which lies immediately east of Newmont’s past-producing Dome Gold Mine in Timmins. The McCool and Kerrs gold properties are located within the Abitibi Greenstone Belt along the Porcupine-Destor Deformation Zone, which is host to many of the gold deposits in the area, approximately 73 km east of Timmins city centre. The McCool and Kerrs properties are located near several gold mines and development projects, including the Black Fox Mine, the Fenn Gib project, the Golden Highway project, the Garrison project and the Holt Holloway Mine complex, which are all situated along Hwy 101 east of Timmins. McLaren also owns a 100% interest in the past-producing Blue Quartz Gold Mine property, which is located approximately 22 km west of the McCool property. Considering the permitting delays brought about by the pandemic, McLaren is extending the expiry date on 342 000 outstanding warrants by 3 months from the 30 June 2021 to 30 September 2021. GLOBal mining review // July/August 2021
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