$200 million Northparkes Mines expansion

China Molybdenum Company  and Sumitomo have approved the development of a new block cave mine to expand the Northparkes Mines copper-gold operation in New South Wales.

Australian Mining is reporting the $200 million, three-and-a-half-year project (called E26 Lift 1 North) will start soon and is expected to reach full production in mid-2022.

The project will involve 11 kilometres of underground development, an underground primary crusher, conveying systems and associated infrastructure.

Northparkes will employ up to 180 people, including a mix of employees and contractors, at the peak of project construction.

Read the full story