Prince George, B.C. - Terane Metals has taken another step towards construction of the Mount Milligan copper mine.

 

Robert Pease, President and CEO of Terrane Metals  has announced Wardrop Engineering Inc. has been awarded the detailed engineering design and procurement contract for the Mt. Milligan Copper-Gold Project.  Construction startup, subject to financing and regulatory approvals, is scheduled for late next year and commercial production would follow in Q1 2012.

Terrane has awarded two additional contracts at Mt. Milligan. Following a competitive tendering process a Letter of Award has been signed with ABB Switzerland Ltd. to supply process plant drive motors for one SAG Mill and two Ball Mills. Siemens AG has been contracted to deliver three transformers for mine site substations.

Pease says the contracts account for 15% of the estimated capital cost of the Project.