Rock Products

APR 2019

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ROCK products • April 2019 • 13 IN THE KNOW www.rockproducts.com Graymont and Grupo Calidra have entered into an agreement to purchase the global lime and limestone business of the Belgium-based Sibelco. The purchase includes operations located across the Asia-Pacific region in Australia, Malaysia, Indonesia, the Philippines; and South America, in Argentina and Chile. Under the terms of the agreement, Graymont will extend its global reach in the Asia-Pa- cific region, with the acquisition of five active lime plants and a number of limestone quarries on the east coast of Australia as well as lime plants in Malaysia, Indonesia and the Philip- pines. Grupo Calidra will acquire the Athabasca to Manage Coffey Lake Public Pit Athabasca Minerals Inc. (AMI) was awarded a 15-year contract by the Province of Alberta, Canada, to con- struct, operate and manage the Coffey Lake Public Pit north of Fort McMur- ray, Alberta. This Crown resource is situated on approximately 1,345 acres of land about 90 km north of Fort McMurray. As per Alberta Government, Request For Proposals Number 19TDROL- R800AMI issued on Sept. 11, 2018, AMI will be responsible for managing gravel pit operations, without limiting the scope of work to be performed, the services under the contract as follows: •  Assessment of the surface material type and quality, including grades of gravel. Vegetation removal in accor- dance with applicable regulatory authorizations. •  Stripping and excavation in accor- dance with applicable regulatory authorizations. •  Crushing and stockpiling as needed of the appropriate grades of gravel. • Monitoring of surface material load- ing and removal. • The collection of royalties. •  Accounting of royalties and volumes. •  The collection of reclamation sur- charges from operators. According to Robert Beekhuizen, chief executive officer of AMI, "With the scheduled closure of the Province of Alberta's Susan Lake Public Gravel Pit after 20 years of operation, by the end of March this year, we recognize the strategic importance that the Prov- ince's Coffey Lake Pit represents to sustain aggregate supply in the Fort McMurray region for the next 15 years." Dana Archibald, chief operating officer and the corporation's project executive for the Coffey Lake pit development program, stated, "AMI is committed to ensuring the Coffey Lake Gravel pit is developed in a timely and environ- mentally responsible manner, using industry best practices. This con- tract enables AMI to leverage its 20 years of experience in large-scale pit management operations from Susan Lake Public Pit for the benefit of local industry and stakeholders for the next 15 years at Coffey Lake pit. We are com- mitted to continuous improvement as we deliver our services." AMI will commence the regulatory and permitting program immediately to achieve a planned opening of the Coffey Lake Public Pit in the second half of 2019 FAST FACT This Crown resource is situated on approximate- ly 1,345 acres of land about 90 km north of Fort McMurray. Graymont, Grupo Calidra Acquire Sibelco

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