Aker Kvaerner awarded major gold mine project in Australia

Aker Kvaerner in joint venture with Clough Murray & Roberts (CMR) has been awarded a contract for the expansion of the Boddington Gold Mine Project, located 130 kilometres southeast of Perth, Western Australia.

Aker Kvaerner in joint venture with Clough Murray & Roberts (CMR) has been awarded a contract for the expansion of the Boddington Gold Mine Project, located 130 kilometres southeast of Perth, Western Australia. The contract value is AUD 111 million, of which Aker Kvaerner's scope is about 60 per cent. The award follows the successful completion of the pre-engineering contract of AUD 4 million. 19 Apr 06
   
The work is expected to be completed late 2008 and includes engineering design, procurement and construction management (EPCM). The previous, largely oxide operation is being expanded to treat primary ore at a rate of approximately 35 million tonnes of ore per annum producing around 850,000 ounces of gold and 200,000 tonnes of copper concentrate per annum.  The joint venture is a collaborative effort between CMR, and Aker Kvaerner operations in Perth, Australia, and Santiago, Chile.  Aker Kvaerner in Chile will provide established experience and relief from local resource shortages, whilst performing the bulk of the detailed engineering for the process plant area.
 
Tom Quinn, Managing Director of Aker Kvaerner Australia, comments, "This is a great opportunity for CMR and Aker Kvaerner to continue our successful partnership based on leveraging our complementary skills and developing a significant international scale project in Western Australia for major resource clients. The use of high pressure grinding rolls provides a unique occasion to expand this technology prospect within the Australian gold mining industry."
 
Dave Lawson, President of Aker Kvaerner Metals, continues, "This project will be an opportunity to highlight Aker Kvaerner's global engineering and procurement capability on a high profile gold project."
 
Boddington represents one of the world's largest undeveloped gold projects. The project owner, Boddington Gold Mine Management Company, is a joint venture between Newmont Mining Corporation (66.67 per cent) and AngloGold Ashanti Limited (33.33 per cent).
 
This contract was booked as part of the order backlog in 2005.

Associated companies: