VANCOUVER – Construction delays similar to a COVID-19 closure of its White Bank Phase 2 copper allocation in Chile will rise between US$260 million and $290 million in prices and delay commissioning by five to six months, according to the mining company. Teck Resources Ltd. .
About 7,500 employees were in the $5. 2 billion allocation structure when the pandemic erupted last March and a whole small care and maintenance team was sent home, Teck CEO Don Lindsay said Thursday at an online industry convention.
“We are close to 6,000 other people on site (currently) aiming to achieve a workforce of 8,000 until the end of OctoberArray. . . These are very few months for us to move forward,” he said.
Work that may have progressed with the closure included licensing, off-site appliance manufacturing, on-site freight transport, and road structure.
“We’ve made a little progress, so we’re 30% complete. Our goal is to succeed by 40% until the end of the year,” he said, adding that the mine should start producing in the third quarter of 2022.
Teck is the one consistent with o and has 60 percent in the project.
The Vancouver-based miner said he built more area in the camps to reduce the threat of disease transmission from $25 million to $40 million and warned that any other heist would charge between $25 million and $35 million, according to month.
Earlier thursday, Teck announced a step towards his desire to be impartial in carbon until 2050 by signing a long-term renewable energy acquisition agreement for his Carmen de Andacollo copper mine in Chile.
The mine will supply 72 megawatts (550 gigawatt hours consistent with the year) of AES Gener’s renewable wind, solar and hydropower portfolio.
AES Gener, owned through AES Corp. , is also expected to be Quebrada Blanca’s renewable energy supplier, offering more than part of its overall operational energy desires once completed.
Teck has set itself a renewable energy-only target in Chile and reducing the carbon intensity of all its operations by 33% by 2030.
The Carmen de Andacollo Renewable Energy Agreement has been in force since 1 September and will run until the end of 2031. The mine is located about 350 kilometers north of Santiago.
This Canadian Press report was first published on September 17, 2020.
Companies in this story: (TSX: TECK)