TORONTO — RNC Minerals recently announced Ausenco Engineering Canada Inc. has been awarded the contract for a feasibility study update for the Dumont Nickel-Cobalt Project currently underway in the Abitibi region of Quebec.
Ausenco, based in Burlington, Ont., is a globally active engineering, construction and project management company providing consulting, project delivery and asset management services to the resources, energy and infrastructure sectors, said a Sept. 4 release.
The firm has led all of the earlier pre-feasibility and feasibility studies completed on the project and in conjunction with Duro Fulguera also completed additional engineering work in 2015 to develop an engineering, procurement and construction lump sum turnkey proposal for approximately 72 per cent of the capital cost of the project.
RNC issued the statement in its capacity as manager of the Dumont Joint Venture with Arpent Inc. and Waterton Mining Parallel Fund Offshore Master, LP.
The feasibility study update will maintain the same project scope, flowsheet, and overall site layout from the feasibility study completed in July 2013. The results of the updated feasibility study are expected to be announced in the first half of 2019.
The statement said the Dumont Nickel-Cobalt Project contains the second largest nickel reserve and eighth largest cobalt reserve in the world and was also determined to be the largest undeveloped nickel reserve and second largest undeveloped cobalt reserve in the world.
“We are very pleased to work again with the high-calibre team from Ausenco and supporting engineering firms to complete the feasibility study update as we work toward our goal of making a construction decision in 2019,” said Mark Selby, president and CEO of RNC, in the statement. “I look forward to the updated feasibility study results confirming the inherent value in the structurally low-cost Dumont Nickel-Cobalt Project, which is well-positioned to deliver the additional nickel and cobalt required by the early 2020s to meet strong demand growth from the stainless steel and electric vehicle markets.”
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