NYSE-listed Newmont Corporation has commissioned global technology company ABB to design, supply, install and provide long-term service for the mine hoist mechanical and electrical systems, for the mine shaft at the Tanami mine, in Australia.
ABB’s $17-million contract is part of Newmont’s Tanami Expansion 2 project, which is expected to increase the capacity of the processing site to 3.5-million tonnes a year, from 2.6-million tonnes a year, while extending the mine life beyond 2040.