Operations at Xstrata's Kidd Mine in Timmins will be extended to the first half of 2018 due to completion of a project on a mining zone.
The $120 million extension to the mining zone at Mine D from 9,100 feet to 9,600 feet was completed on time and on budget.
Further extensions to the mine life have been identified through the 2020 Vision program to elicit suggestions from employees on how to maximize the value of the operation. The program, launched in February, has already resulted in significant cost savings and an additional 700,000 tonnes of ore reserves being identified with the objective of extending operations further to 2020.
“The continued development of the deepest base metal mine in the world is a challenge and reflects Xstrata Copper’s commitment to the sustainability of our Kidd operations and the Timmins community. I am pleased to congratulate the dedicated team of engineering and technical experts, project leaders, employees, contractors and suppliers who worked together to bring this project to fruition,” said Tom Semadeni, general manager of Kidd operations.
The latest Mine D expansion was the second stage of a project that has extended mining from 8,800 feet since 2007 for a total investment of $148 million.
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