Mine Design and Reserve Update

Project Description

From 2018 to 2019, SRK completed two major projects at ArcelorMittal’s biggest iron ore operation in the world, the Mont-Wright and Fire Lake mines in eastern Canada.

The initial work included an in-depth review of resource models and creation of mine designs and production schedules. It was followed by strategic mine planning and production of detailed mine designs and reserve estimations for two major pits. SRK conducted pit optimisation; selected the final pit, taking into consideration the company’s strategies; developed detailed mine designs; sequenced mine development; and established a detailed production schedule for the life of mine. SRK also assisted ArcelorMittal with technical reports and long-term mine planning.