QUEBEC - METSO MINERALS will supply grinding equipment to OSISKO EXPLORATION LTD. for its Malartic gold project, in the Abitibi region. The delivery will be completed within the first quarter of 2009. The value of the order is approximately EUR 22 million. The order is included in Metso's first quarter order backlog.
The order comprises a gearless SAG mill (11.6 m diam by 7 m long) and two ball mills (each 7.3 m diam by 11.3 m long). The mills will be able to process 28,000 to 40,000 tonnes of gold ore per day. The order includes engineering, erection and commissioning services.
The Canadian Malartic gold project has developed into one of the most important new gold projects in North America with estimated potential gold resources of approximately 6.5 million oz.
Metso is a global engineering and technology corporation with 25,500 employees in more than 50 countries, and 2006 net sales of approximately EUR 5 billion. For more information see www.metso.com.
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