TNDC News

2020

7
Dec

New Equipment Leasing Agreement Builds Capacity and Partnership

TNDC is expanding its service at the Red Chris Mine site through a new agreement with Newcrest Red Chris Mining. TNDC is leasing a brand-new Caterpillar D10T, a large mining dozer with increased capacity and ripping potential, to Newcrest. This machine will be used in the pit, mining for copper/gold.

The partnership is a win-win for both companies. For Newcrest, it provides access to a critical piece of heavy equipment without having to purchase it directly. For TNDC, it is an opportunity to expand service capacity and build equity in its equipment fleet. The contract is outside the scope of TNDC’s TIA construction work at the mine site.

TNDC’s CEO explains the significance of the agreement. “This is an exciting opportunity for TNDC. Equipment rental is one of our strategies to build equity and generate new revenue streams. It also advances our goal to elevate our services and be a trusted partner to our clients. We are grateful to the Newcrest team for this opportunity and their continued support and confidence in our capabilities. We look forward to working with Newcrest to support their business, and hope this sets the stage for more to come.”

Mark Adams, Newcrest Red Chris General Manager and Vice President Canadian Operations, added. “This agreement is part of a broader long-term strategy to partner with TNDC and build both business capacity and employment. Newcrest is committed to creating processes and infrastructure to deliver opportunities and benefits as envisioned in the Impact, Benefit and Co-Management Agreement established with the Tahltan Nation for the Red Chris Mine.”