Business

Newmont delivers industry’s first autonomous haulage fleet to Boddington mine

Newmont Corporation has delivered the gold industry’s first Autonomous Haulage System (AHS) fleet at Boddington, Western Australia’s largest gold mine.

With the transition to a fully autonomous haulage fleet of 36 trucks, the company will improve mine safety and productivity, while extending mine life.

“Newmont is proud to deliver the gold industry’s first autonomous haul truck fleet at Boddington, an important milestone for the Company and the industry as a whole,” said Newmont President and CEO Tom Palmer.

“Delivering this project on time and on budget during a global pandemic is an enormous accomplishment. I am grateful for our team and our partners at Caterpillar for their ongoing dedication and drive. The scale and long life of our operations enable Newmont to implement leading technologies to promote both safety and productivity. We look forward to leveraging this project and our commissioning experience at our other operations and projects around the globe.”

Boddington is Western Australia’s largest gold producer, delivering 670,000 ounces and 56 million pounds of copper in 2020.

Newmont has invested $150 million in Boddington’s AHS project which will create a safer, more efficient mine.

Following completion of the industry’s fastest AHS commissioning program, Boddington continues to ramp up the truck fleet to full productivity as the site fine-tunes the technology for operation in a deep open-pit mine.

During commissioning the project faced several challenges, including unusually severe weather and heavy rainfall, shovel reliability and operational delays associated with managing bench hygiene as mining moves into deeper sections of the pit.

As a result, Boddington delivered lower ex-pit tons than expected, with full-year 2021 gold production anticipated to be approximately 140 thousand ounces below original guidance estimates of 830 thousand ounces.

“The record implementation of this project is a tremendous example of Newmont’s trademark ability to set and achieve ambitious goals. Throughout our 100-year history, our industry-leading position has been built on deep operational knowledge and technical expertise. Today’s AHS commissioning is another moment to add to our proud history of achievements,” said Mr Palmer.

Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead.

Its portfolio of assets, prospects and talent is anchored in mining jurisdictions in North America, South America, Australia and Africa.

Newmont is the only gold producer listed in the S&P 500 Index and is widely recognised for its principled environmental, social and governance practices.

Newmont was founded in 1921 and has been publicly traded since 1925.

classfmonline.com

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *