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Main construction works on a #mineralsands project in the WA #Wheatbelt region are expected to begin this quarter following its latest receipt of approval. #projectory #projectleads #majorprojects #MineralSands #WheatbeltProjects #WAResources #AtlasProject #MiningApproval #ConstructionStart #ImageResources #EnvironmentalManagement #MiningProjects #WAMining #MineralExtraction #InfrastructureDevelopment #ResourceSector #WAProjects #MineralProcessing #SustainableMining #HeavyMinerals #Zircon #Rutile #MiningIndustry

What are the main standard forms of contracts used in Australia? About a decade ago, the University of Melbourne conducted a comprehensive study aimed at identifying the most common types of contracts used in Australian construction projects. From my review of this study, my key takeaways were the following: 1. 75% of head contracts utilise a standard form contract, whereas only 33% of sub-contracts do the same. 2. The majority of head contractors are opting for Australian Standard form contracts, making substantial amendments to suit their specific requirements. 3. Standard forms are predominantly employed in contracts valued at less than $100,000; however, this usage diminishes as the contract value escalates, with standard form contracts being utilised in only 28% of contracts exceeding $500 million. 4. Queensland (QLD), Western Australia (WA), and the Northern Territory (NT) utilise fewer standard form contracts, a trend attributed to the prevalence of major mining projects in these regions. The four main forms of contracts used were: AS4300 , AS4000, AS2124 and AS4902. These represent close to 70% of the standard forms that are used by the construction industry. Other forms of contracts such as FIDIC, GC21 and ABIC are used as well, but only in a fraction of cases. It would be interesting to see whether the results of this survey would remain consistent if it were conducted today. Anvelo

Image Resources to kick off construction at Atlas Image Resources (ASX:IMA) is expecting on-ground construction at the Atlas Mineral Sands Project in Western Australia to begin this quarter, after securing approval of a mining proposal.  On 19 July, the Department of Energy, Mines, Industry Regulation and Safety approved the mining proposal for Atlas, which covers construction and operation.  The remaining approvals for #Atlas includes groundwater operation strategy, offset environmental management plan, and the Banksia Woodlands rehabilitation environmental management plan.  Image Resources, which has a market capitalisation of $80.85 million, expects all of these approvals to be secured in early August this year.  CEO Patrick Mutz says scheduling of contractor mobilisation to Atlas is progressing.  “Early works camp construction is well underway and deconstruction of the Boonanarring WCP has been initiated,” Mutz says.  “The next six months are slated to see a flurry of construction activities, with a stretch goal of commencing project commissioning at the end of December.”  The Atlas Mineral Sands Project has a mineral resource of 17.3 million tonnes at 5.7% heavy minerals, with a mineral assemblage including 9.8% #zircon, 6.5% #rutile, 5.1% #leucoxene, and 49% #ilmenite.  Image Resources is a mineral sands-focused mining company that is currently transitioning from open-cut mining and ore processing operations at its wholly owned Boonanarring Project. #zircon #rutile #ilmenite

RESOURCE NEWS: Porgera Restart Status PRESS RELEASE ❗ ❗ ❗ New Porgera Limited (NPL) is pleased to announce that the restart of Porgera is progressing well and is on track. First gold production is expected to be achieved in Q1 2024, as planned, subject to the Highlands Highway continuing to remain open and no further vandalism of project infrastructure. NPL General Manager, Chad Coulin, acknowledged the tremendous effort made by the NPL workforce and the support of the regulator, the Mineral Resources Authority, to restart the Porgera mine in compliance with the laws of Papua New Guinea (PNG). Following completion under the Porgera Project Commencement Agreement (PPCA) on 22 December 2023, the NPL team has stepped up and delivered outstandingly towards getting back into full production in Q3 as required by the PPCA. The critical path to full production is re-standing or replacing relevant towers along the Hides Transmission Line. In 2024 for the Porgera mine operations, there will be a spend of K2.7B (US$749m) (est.), which is divided between K1.6B (US$442m) of direct operating costs (including K613m (US$174m) that will be capitalized prior to restart) and K1.1B (US$308m) of capital. The expected export revenue from Porgera gold sales in 2024 is K1.8B (US$504m) which will assist in boosting PNG’s foreign exchange reserves. Expenditure on PNG sourced goods and services is estimated to be over K600m during 2024. Over 3,000 Papua New Guineans will be employed by NPL by the end of 2024 with a payroll for the year of K150m (US$42.6m). Royalties, which will be paid to landowners and the Enga Provincial Government, and 0.5% production levy to Mineral Resources Authority will amount to K63.4m (US$18m). Withholding taxes and custom duties payable to the National Government are estimated to be K28.2m (US$8m) for 2024. NPL has already commenced payment of K4.6m in outstanding compensation fees for the period that Porgera was in Care & Maintenance and will shortly commence negotiation of the long term compensation agreements with landholder agents. The sharing and division of project benefits such as equity and royalties among stakeholders, will be agreed at the Government managed Development Forum process and be recorded in a Porgera Project Community Development Agreement that NPL will be a party to. Under the Community Development Agreement, NPL will contribute through the Tax Credit Scheme to relevant infrastructure projects in the areas of health, education, roads and law and order. Law and order continues to be a challenge and NPL calls for all stakeholders to support restart operations by contributing to peace in the valley with no further vandalism of critical infrastructure. #PorgeraMine #NewPorgeraLimited

Vale Canada completes 350 Return Air Raise project at Thompson The new 350 Return Air Raise (RAR) at Vale Canada’s #Thompson Mine in #Manitoba, Canada, is now up and running, marking a crucial milestone for the C$150 million #ThompsonMine Extension Project (#TMEP). The #ventilation upgrade doubles available airflow to active areas of Thompson’s T3 mine and uses a silencer system to reduce noise. TMEP will allow to the operation to extend current mining activities by 10 years. The initial C$150 million investment represents Phase 1 and includes critical infrastructure such as new ventilation raises, booster fans, a new sandfill plant, increased power distribution and an underground garage that will enable mining at lower depths and help strengthen the business case for Phase 2 investment. Phase 2 will include developing two new orebodies: #HangingwallHighGrade and #HangingwallDeep. Aggressive exploration drilling holds the promise of mining well past 2040 and a total investment projected at more than C$1 billion. Vale Canada operates two connected underground #nickel mines, T1 and T3, collectively known as Thompson Mine. The project was required to remove the failing 345 RAR (which exhausts via two discharges) from service and construct the #350RAR (which also exhausts via two discharges) to provide required additional #ventilation capacity for the existing mining facilities at the Thompson Mine. There are now five Return Air Raises operating between T1 and T3. Each are paired with a corresponding fresh air raise, for a total of ten air raises. Cementation Americas in Canada carried out the raising for 350 RAR using its own #Strata950 model of #raiseborer. These are the longest continuous raise bored pilot holes in the Americas at 3,529 ft, the first of which broke the previous record of 3,312 ft that was set in 2021. The project began in February 2022, and the breakthrough of the second raise to surface was completed on September 9, 2023, after a total of 587 days achieved with zero harm. The overall project involved constructing twin 10 ft diameter raises with surface fans, variable frequency drives, and underground ventilation controls, as well as an associated electrical building (E-house), access road, and associated ditching and culverts around the 350 RAR fan station’s graded pad. Following construction and commissioning of the 350 RAR, 345 RAR is being removed from active service. #futureofmining #mineventilation Vale Base Metals #ManitobaMining

Slide Y from my A-Z of the key events taken place in UK & Ireland’s Construction Industry Mar/14-24: YORKSHIRE POLYHALITE MINE This slide revisits major points seen for the project since Q4'17 Last month - Anglo American outlined some stats around how the local area was benefiting from #WoodsmithMine development: - Anglo American supported 73x new business launches in the area during 2023 - The project generated additional £305m for the local economy in 2023 bringing total contribution to £1.5bn since construction started 2017 - Project now employing +1,400x local people which is 70% of total workforce But as the slide shows - the project journey has not been without its challenges - starting under Sirius Minerals Plc but now progressing through the ownership of Anglo American #construction #constructionindustry #agriculture BAUER Technologies Limited STRABAG Vicky Bolton #yorkshire #mining #minerals #Polyhalite #suretybonds

Exciting to witness the groundbreaking Simandou Project in Guinea by Winning Consortium Simandou (WCS) – a mining endeavor of global significance! 🌍💼 Here's how Soil Solutions can play a pivotal role: 1️⃣ Dust Prevention: With vast access roads, dust can be a concern. Soil Solutions provides innovative solutions for dust control, ensuring a safer and cleaner environment. 2️⃣ Access Roads & Mine Haul Roads: Robust roads are the lifeline of mining projects. Soil Solutions specializes in constructing and maintaining durable roads, enhancing operational efficiency. 3️⃣ Runways: The planned airport can benefit from Soil Solutions' expertise in runway construction. Ensuring a sturdy, reliable runway is crucial for logistical operations. Intelligent Mining Solutions provided by Soil Solutions https://lnkd.in/dR32Z2qU Kudos to WCS for driving sustainable mining in Guinea! 🚀🌱 #mininginnovation #infrastructuredevelopment #sustainablemining #dustfree #dustcontrol #maintenancefree #roadconstruction #surfacetreatment #runway #waterconservation #co2reduction #dieselperformance #operationalefficiency #intelligentsolutions

Well done to UMS and to an excellent team! Adding true value with successful collaboration and partnership approach.

" Soufar Fundamental Resources" is the first and only specialized company in the field of mine water and the environment in Iran. Contributing to sustainable development in mining and mining industries is among the strategic objectives outlined in Soufar's mission statement. Soufar's establishment dates back to the year 1987.  Soufar Construction Company was founded with the aim of providing all engineering services in the field of consulting and implementation of civil and construction projects. The main scope of this company's activities is to carry out executive affairs and consulting in construction projects and plans. This company entered the field of water and environmental studies in mining industries with the cooperation of a number of graduates of Tehran University and Amirkabir University of Technology. The collaboration with specialized and dedicated professionals has resulted in the successful execution of numerous mining projects, including exploration, waste management, water, and environmental initiatives. This success ultimately led to the establishment of a separate and specialized department for mining engineering and earth sciences within Soufar in 2021, giving rise to the Soufar Fundamental Resources Company. Currently, Soufar Mining Group, leveraging engineers and specialists in conjunction with close ties to the academic community, is capable of offering a full spectrum of engineering services and consulting for mining-related projects and industries. Soufar has emerged as a trailblazer in the field of mine water and the environmental industries in Iran and aims to expand its specialized departments in the future to include extraction and mineral processing. www.soufar.co #soufar #sustainabledevelopment #sustainable