Mine and Concentrator:

• Completed construction of concentrator building
• Began construction of permanent accommodations and services complex
• Began pre-stripping the Ovoid
• Installed main power plant
• Commenced installation of mechanical, electrical, piping and control systems
• At year end construction was 74% complete

Hydromet Demonstration Plant

• Completed detailed engineering for hydromet demonstration plant at Argentia
• Negotiated collective agreement with the Resource Development Council that ensures residents of the local area have priority for employment at the construction site
• Built and enclosed the process building
• Upgraded water and sewer infrastructure
• Constructed sewage treatment plant
• Began installing mechanical, electrical, piping and instrumentation control systems
• Began construction of residue storage ponds and fire and process water pumphouse

Innovation Centre

• Completed demolition and installation of foundations and structural steel
• Awarded general contract for architectural, mechanical and electrical systems and interior fit-up to Marco Services Limited
• Completed 80% construction by year-end