Inflationary pressures have been mitigated through offsetting savings opportunities or absorbed through the C$177 million contingency included in the construction budget, the company adds.
So far, locations on site such as the Ministry of Transportation (MTO) patrol yard, the Goldfield Creek diversion and the permanent effluent water treatment plant have already been completed. The first four bays of the truck shop are complete and in use and the 14 km natural gas pipeline is complete and ready for commissioning in second quarter of 2023.
Pre-production mining also commenced ahead of schedule, as first four haul trucks and the first shovel were commissioned during the third quarter of 2022 and mine pre-production activities got underway in September, with more than 2.5 million tonnes of material (ore, waste and overburden) excavated to year-end 2022.
“With key equipment on site or enroute, building infrastructure is essentially…
