New Afton is New Gold’s newest operating mine located 10 km from Kamloops, British Columbia. New Afton is an underground block-cave mine, which commenced production in July 2012 and will produce an annual average of 75M lbs of copper and 80,000 oz of gold over a 12-year mine life.
New Afton retained Klohn Crippen Berger (KCB) to prepare an updated closure plan for the New Afton mine for review and approval by the Chief Inspector of Mines in accordance with the site’s Mine Act Permit conditions. This updated closure plan provided information on the changes that occurred at the New Afton mine over the past five years, including construction and operation of the mine and progressive reclamation activities.
KCB also carried out a revision of the costs estimate to decommission infrastructure and to reclaim disturbed sites as part of New Gold’s asset retirement obligation (ARO). This estimate was carried out for the annual ARO, five-year, and end-of-mine-life time frames.
- Mine closure plan
- Development of closure prescriptions and design criteria
- Site inspection
- CAPEX/OPEX cost estimate for calculating the asset retirement obligation (ARO)
- Consultation and communication with First Nations