(CercleFinance.com) – Marathon Gold has entered into a contract with ABB to design and commission the process and power control system for its Valentine Gold project in the province of Newfoundland and Labrador, Canada.
Currently under construction, the surface mining and conventional processing plant will become a flagship project for Marathon Gold, as its Valentine Gold project represents ‘the largest undeveloped gold resource in the Atlantic Canada region.’
“We are very pleased that ABB has been selected for this project and look forward to working with the Marathon Gold team to keep it on track,” said Sachin Jari, head of mining for the North America at ABB Process Industries.
The company expects average production of 195,000 ounces of gold per year for the first 12 years of the mine’s expected life of 14 years. The project is on schedule to achieve plant commissioning in the fourth quarter of 2024 and first gold production in the first quarter of 2025.
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