VANCOUVER, Dec. 14, 2012 /CNW/ - Anglo American today welcomed the
British Columbian Government's decision to approve an Environmental
Assessment Certificate for the Roman project, an open cut expansion of
the Trend mine near Tumbler Ridge in north-east British Columbia.
Roman has the potential to produce up to four million tonnes of
metallurgical coal per year and employ up to 450 people over its
estimated 16 year mine life.
Anglo American's Metallurgical Coal business owns 100 per cent of Peace
River Coal Inc. (PRC), the proponent for the Roman project and operator
of the adjacent Trend mine.
Metallurgical Coal Chief Executive Officer, Mr Seamus French, said Anglo
American would invest over $200 million to develop the Roman project
over its life and its delivery was a key step in Anglo American's
growth plans for Canada.
"We see tremendous opportunity in the Roman resource and plan to build
on the success of the existing Trend operation, which has gone from
strength to strength since Anglo American's 100 per cent acquisition in
October 2011, including production increasing by 50 per cent," Mr
"A comprehensive environmental management plan has been developed for
the project and we look forward to progressing with our detailed mine
"We will create many synergies with the current Trend mine and once
operational, the Roman project will be fully integrated and utilize as
much of the existing equipment and infrastructure as possible," Mr
Additional plant capacity and mining equipment will be required in order
to achieve and sustain maximum production.
Once the mine plan is complete, Anglo American will apply for a Mines
Act Permit Amendment.
"Anglo American remains committed to providing employment opportunities
for local and First Nations community members," Mr French said.
"We will increase recruitment in the north-east of BC, particularly for
those people from communities closest to the mine, while retaining our
employees at Trend," Mr French said.
Construction is expected to begin as soon as the permitting process
allows it. Project delivery timings for Roman will be staged to match
the current market conditions.
Notes to editors:
Anglo American is one of the world's largest mining companies, is
headquartered in the UK and listed on the London and Johannesburg stock
exchanges. Anglo American's portfolio of mining businesses spans bulk
commodities - iron ore and manganese, metallurgical coal and thermal
coal; base metals - copper and nickel; and precious metals and minerals
- in which it is a global leader in both platinum and diamonds. Anglo
American is committed to the highest standards of safety and
responsibility across all its businesses and geographies and to making
a sustainable difference in the development of the communities around
its operations. The company's mining operations, extensive pipeline of
growth projects and exploration activities span southern Africa, South
America, Australia, North America, Asia and Europe.
SOURCE: Anglo American
For further information:
Peace River External Affairs (Canada):
Federico Velásquez: +1 604 699 6696; +1 604 813 8333
Metallurgical Coal Corporate Affairs (Australia):
Jacqui Strambi: +61 439 774 526