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Mine and Concentrator - Development Timelines

Development Timelines

(All capital costs are current estimates)

2003

  • Began construction of Cdn$950 million 6,000 tonne-per-day mine and concentrator at Voisey's Bay

2005

  • Construction completed
  • First concentrate shipped November 17th.

2012

  • Concentrate exports cease except for some continued exports during commissioning and ramp up of the processing plant

2018 (approximately)

  • Underground mine development and expansion of concentrator, subject to completion of successful underground exploration program