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Hope Bay Project

Project Overview

Newmont Mining Corporation is one of the largest gold producers with significant assets around the world. In late 2007, Newmont’s wholly-owned subsidiary, Hope Bay Mining Limited (HBML) acquired a 100% interest in the Hope Bay Project through acquisition of Miramar. The Hope Bay Project is one of the most prospective undeveloped greenstone belts in the world, located in the Nunavut Territory, approximately 685 km northwest of Yellowknife, and 125 km southwest of Cambridge Bay.

Project Scope

JDS was brought in to the project to provide an engineering and construction management team for the development of the Phase I, 800 ton per day mine and mill. The 800 ton per day mill has been designed for expansion with an ultimate production of 3,200 ton per day. JDS provided a team of experienced northern constructors to execute the work year round. Construction work included an airstrip for Boeing 737 airplanes, a frozen core dam for the tailings facility, a 6,000 m2 mill foundation and building, a prefabricated design built mill from South Africa, 12 MW power plant, 27.5 M litres of diesel tankage, pipelines, camp facilities and other infrastructure to support the project for the then-anticipated production date of April 2014.

Note: Newmont placed the project on Care and Maintenance in February 2012.

Company
Newmont Mining Corporation

Location
Nunavut, Canada

Value
$150M