News & Events
DavyMarkham strikes gold with Canadian contract
Heavy engineering specialist DavyMarkham has secured a £10m contract to supply drum hoists to a Canadian gold producer.
The Sheffield based company, which fabricates and supplies complex engineered components, has a strong track record in delivering drum hoists to mines across the globe and the contract will see the hoists operating at the Goldcorp Eleonore Project in northern Quebec.
DavyMarkham will supply two double-drum hoists between 2012 and 2014, one production hoist used to sink the shaft and a second service hoist which will service the mine's main operations - to extract Eleonore's significant gold resources.
Gordon Scott, sales and marketing director at DavyMarkham, said: "The contract for Goldcorp Eleonore Project builds on our experience within the mining market, which is opening up more export opportunities within the Americas and other continents as explorations yield undiscovered mineral resources.
"There are few companies with DavyMarkham's ability to service large contracts of this kind and the safety margins for drum hoists are narrow due to the stresses that their workload consistently applies.
"This means that most large mining companies seek out businesses with a strong track record to supply components such as these."
Eleonore is a relatively new project situated close to James Bay in the far north of Quebec and the Eleonore deposit, discovered in 2003, lies at a depth of at least 1,400 metres and is nearly 1.5 kilometres long.
Canada is the world's largest exporter of minerals and metals and one of the largest producers of gold. There are more than 250 mining exploration projects in the north of the Quebec province and dozens of active mines.
