Wedoany.com Report on Mar 18th, Stantec has been selected as the lead for the final feasibility study of the Kingking Copper-Gold Project in the Philippines. Located in Pantukan, Davao de Oro, Mindanao, this is a significant greenfield mining development. Kingking is one of the world's largest undeveloped copper-gold deposits, with reserves of approximately 960 million tons, and the project is estimated to have a total value of USD 2.37 billion. Stantec will be responsible for providing integrated, sustainable solutions from pit to port to support the smooth advancement of the project.

Andy Russel, Project Director for Kingking, stated, "The St. Augustine Gold and Copper Ltd. team selected Stantec for the final feasibility study based on their multi-dimensional project capabilities and experience, which is exactly what the Kingking project requires. We look forward to Stantec becoming an integral part of delivering the Kingking project on time and on budget."

Carl Kopke, Regional Director for Energy & Resources at Stantec, noted, "The Kingking project is an excellent example of how we integrate global best practices to support our clients throughout the mining lifecycle. It is a privilege to contribute to a project of this scale and importance, which aligns with our commitment to sustainability and responsible resource delivery." Additionally, Stantec will develop the project execution plan, engineering, procurement, and construction management bid packages, as well as procurement strategies for long-lead items and equipment.

As a significant source of copper and gold, the Kingking project plays a crucial role in supporting the global transition to low-carbon technologies and energy infrastructure. This collaboration not only highlights Stantec's expertise in the mining sector but also provides strong support for the Philippines' economic development and sustainable resource utilization.