STRACON is pleased to announce that we have been selected by Rio2 Limited as the lead mining services contractor for the Fenix Gold Project located in Chile.
Both companies have executed an early contractor involvement agreement (“ECI Agreement”) for early works associated with contract mining services. Under the ECI Agreement, the parties will work exclusively over the coming months to further optimize the mining and civil construction aspects of the Project and conclude contract documentation.
The scope of the mining services contract will include mining of ore at the rate of 7.3M tonnes per annum (20,000 tonnes per day), waste mining, drilling, blasting, hauling, supply of operating personnel and mining equipment, supervision and management, dust suppression and road maintenance. The scope also includes water transportation from Copiapó to the mine site and maintenance of the entire mobile fleet of equipment, plus all pre-mining and civil construction activities including the construction of leach pads, ponds, access roads and waste material deposits.
We at STRACON are excited to be working with the Rio2 team and all project stakeholders to successfully build and operate the Fenix Gold Project in Chile. The project will be delivered under a collaborative alliance agreement, a framework which has been successfully utilized over the past 10 years at several of STRACON’s projects throughout Latin America. Our commitment to provide safe and efficient services, coupled with our experience in building and operating greenfield projects, similar to that of the Fenix Gold Project, means we’re perfectly well placed to meet Rio2’s construction and mining requirements.
As Alex Black, President & CEO of Rio2, stated, “The signing of this ECI Agreement with STRACON, a leading mining and civil construction contractor in Latin America, forms a key part of Rio2’s strategy to prepare for next year’s construction phase of our Fenix Gold Project. The Rio2 management team is pleased to work again with STRACON, this time in Chile, and look forward to further optimizing the mining and construction solution for the Project and finalizing contract documentation in readiness for next year’s work program.”
This new project will contribute to our consolidation as a leading company providing mining and construction services throughout the Americas.