Tectonic Metals gets funding for gold exploration in Alaska
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
The English engineering company, DavyMarkham, has been awarded a $20 million order for the supply of mining hoists and associated electrical drives and controls by gold producer IAMGOLD of Toronto, Canada. The contract includes a large double drum hoist with a diameter of 6.4 m, a drum width of 2.4 m and a payload capacity of 20,000 kg. It will serve as the main production hoist, operating at depths down to 2,652 m, at IAMGOLD’s new Westwood exploration program. (more…)
