December 23, 2022
As of the end of September, construction of the Côté project was approximately 64% complete and advancing well following the schedule and cost update released in the summer. With approximately 1,500 workers currently on site, the project is nearing peak capacity and has seen significant progress in the third quarter towards the target of production in early 2024.
Completing construction safely is a top priority. The project surpassed 7.5 million hours with no lost time injuries as of the end of November.
With detailed engineering now 100% complete, progress continues to be made in virtually all areas of development. Monthly project advancement is estimated to be approximately 3-4% per month during this peak.
Earthworks activities advanced with several work fronts providing significant progress over the summer months, including the tailings management facility, water realignment channels, polishing pond dam and other water management infrastructure dams.
Construction of the processing facility has progressed well both on the exterior and interior fronts. As for the infrastructure, the overhead power line has been completed, with the exception of connection to Hydro and the main electrical substation, which is under construction. The administration building and offices have been erected and are commissioning.
Heavy mobile equipment continues to arrive on site including CAT 793F haul trucks (11 delivered), 994 loaders (2 delivered) and D10 dozers (4 delivered) at the end of September. Autonomous Control Room completed in mid-September. Other equipment delivery is ongoing with inventory being held on site laydown and off-site at warehouses.