Delivering the Antapaccay Project6509337e-0c88-4ac... · applications under Xstrata Bechtel...
Transcript of Delivering the Antapaccay Project6509337e-0c88-4ac... · applications under Xstrata Bechtel...
Delivering the Antapaccay Project Delivering the Antapaccay Project
Max Combes - Project Director4 October 20124 October 2012
Antapaccay project
• Project overview and status
Agenda
• Safety indicators
• Local employment
L l t t & it i t t• Local contracts & community investment
• Project layout
• Project costsj
• Project schedule
• Project metrics
• Project photos
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Antapaccay project overview and statusConcentrate production to start in October
Description• Location: Cusco Region (12km from Tintaya)
Copper in resource5• Location: Cusco Region (12km from Tintaya)
• Elevation: 4,200 metres • Ownership: 100%• Mineral Resource: 1,030Mt @ 0.49% Cu
Mt Cu
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• Concentrator: 70ktpd, 1 grinding line
• Production: 160ktpa Cu for first five years, average over LOM 143ktpa Cu
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2008 2009 2010 2012M d I di t d I f d• Approved capital cost: $1.47 billion
• LOM: 22 years
• First of the Standard Concentrator applications under Xstrata Bechtel Alliance
Measured Indicated Inferred
applications under Xstrata - Bechtel Alliance.
Project Status (as of Sept 28, 2012)
• Construction: 96%
• In Commissioning• In Commissioning
• Overall Project Progress: 94%
Safety Indicators
0,610
Lost Time Injury Performance (LTIFR)
0,48
0,39
0,320,27 0,3
0,4
0,5
56789
LTIF
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LTI
0 0 0
0,22 0,190,17 0,14
0,12 0,11 0,10 0,09
0 0 0 00,06 0,06 0,06 0,06
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0,1
0,2
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sep 10 nov 10 ene 11 mar 11 may 11 jul 11 sep 11 nov 11 ene 12 mar 12 may 12 jul 12 sep 12
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Measures taken to minimize safety risks:• Specific induction developed for the Project b h l d
Statistics:
• 16,400 people inducted to the project to date
sep-10 nov-10 ene-11 mar-11 may-11 jul-11 sep-11 nov-11 ene-12 mar-12 may-12 jul-12 sep-12
Contractor LTIFR 12mma
between Bechtel and Xstrata• Experienced Safety personnel • Risk Analysis; Safety Talks; Regular inspections; Contractor audits
• Extensive Safety Observation Program
p p p j
• 350,000 training hours on safety related subjects
• Total project hours to date 26 million.
• The project completed a record period of • Extensive Safety Observation Program• Special attention to Task Analysis and Change Management
• The project completed a record period of 14,000,000 work hours between Dec 2010 and April 2012.
Local Employment Program as a project success factorDeveloping human capacity
Local Employment (Cumulative)• Strong focus on local employment
to maintain social license• During construction peak, 30% of
manual workers belonged to the 1200
1400
1600
communities exceeding the EIA target of 20%
• Local workers are trained and hold necessary skills800
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y• 390 local workers have approved
training programs and were promoted to a higher skilled position
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position• Over 1,800 local people have been
employed during the life of the project
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Bechtel-Current Xstrata-Current Total
Local contracts and community investmentSupporting local businesses
• The project has spent over $10M to date in the surrounding communities on Goods in the surrounding communities on Goods and Services
• At least 10 local contractors provided services to the projectC l k h l h l• Currently taking over Bechtel punch list using local contractors
• Main contracts included:– Site fencing services
Overland Conveyor sleepers fabrication– Camp refurbishment
– Water truck rental
– Architectural jobs
Overland Conveyor sleepers fabrication
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– Office refurbishment
– Conveyor sleeper fabrication
– Miscellaneous buildings– Miscellaneous buildings
Alto Huarca Water Truck hired to the project
Tailings Deposit - Tintaya open pit
Tailing Thickeners
Construction Camp
Concentrator Plant
Truckshop
Overland Conveyor
Primary Crusher
Project costs in line with budgetCost savings offset inflationary pressures
• Definitive estimate completed in March 2011 confirming $1 473M total cost2011 confirming $1,473M total cost
• Project currently on budget
• Xstrata initiatives have saved the project over $60M, offsetting cost inflation and other costs that put pressure on the approved budget.
− Earthworks done by Owner
Water system redesign Primary crusher completed− Water system redesign
− Purchase order renegotiations
− Reduction of small tools rates
− Redesign of truck shop earthworks
Primary crusher completed
− Redesign of truck shop earthworks
− Piping and electrical works done by Owner
− Travel cost reductions
Overland conveyor completed
Project currently in commissioning stageFirst concentrate production on track for October 2012First concentrate production on track for October 2012
Ac t ivity 2H09 1H10 2H10 1H11 2H11 1H12 2H12 1H13 Engineering Engineering
Interim EngineeringDetailed Engineering
Proc urement / Contrac tsMills & CrusherOther EquipmentStructural Steel
Cons truc t ion (*)Site EstablishmentMassive EarthworksMassive EarthworksProcess Plant
Produc t ionPre-StrippingCommissioning / Ramp-Up
Project Progress Planned Value Earned ValueEngineering 100% 100%Procurement & Contracts 100% 100%
g p pFull Production
Procurement & Contracts 100% 100%
Construction 100% 96%
Total (weighted) 99% 94%
Antapaccay Project MetricsLarge scale project delivered on time and budget
Major Bulk Quantities UoM Quantity
Massive Earthworks m³ 3,200,000
Structural Earthworks m³ 1,400,000
Concrete m³ 118,000Concrete m 118,000
Steel Mt 12,180
Piping m 123,887
k hCable & Wire m 1,506,200
Instruments No 1,930
Mechanical Bulks Mt 1,831
Truck shop
Estimated job manhours 28 million
Manhours to date 26 million
Truck shop
Personnel at peak 4,700
Current personnel 3,700
Grinding Area
• Commissioning Stage
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Ball mill #2Cyclone clusters SAG mill
Other Areas
Overland conveyor
12Tailings ThickenersRegrinding area Flotation area
Q ti ?Questions?