NMG News & Events

Nouveau Monde is preparing for the construction of its Phase-2 Matawinie Mine - a project of national interest as identified by the Government of Canada - via the procurement of key construction capacity, services, equipment and materials. Major contracts awarded over the past few months, with provisions for full execution upon the company having reached a positive final investment decision, represent over 50% of the project's capital expenditures and are within estimates of NMG's updated feasibility study for the Phase-2 Matawinie Mine in accordance with National Instrument 43-101. NMG has appointed Pomerleau as Construction Manager for the construction and commissioning stages of the Matawinie Mine, namely the industrial platform, concentrator, environmental infrastructure, water treatment plant, and associated facilities. The first and largest construction package that will kick-start construction activities upon reaching a positive FID was awarded to Manawan-Fournier, an Atikamekw joint-venture between the Manawan Atikamekw Band Council and L. Fournier & Fils, an established East Canadian mining and civil contractor who had carried out the construction of the access road and preparatory work for the industrial platform in 2021-2022. NMG is finalizing an agreement with Metso to supply key processing equipment, including the crushing station, apron feeders, mills, flotation cells and filter presses. Engineering for the equipment is 90% complete. This agreement is set to further strengthen NMG and Metso's partnership, supporting coordinated planning for long-lead items and alignment with the construction schedule. Additional contracts secured include mechanical equipment, turnkey solutions for facilities, electrical substation and powerline, and specialized consultants. These contracts, combined with close to 80% advancement level on detailed engineering, solidify the company's execution plan to bring the Matawinie Mine from shovel-ready to commissioning.