Canada

Fort Hills Mine

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Categories

Overview

Mine TypeOpen Pit
Commodities
  • Bitumen
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life2056
ShapshotIn 2023, Suncor Energy intends to continue progressing the three-year mine improvement plan at Fort Hills, which includes an accelerated sequence of mine development relative to its historical plans.

Owners

SourceSource
CompanyInterestOwnership
Total E&P Canada Ltd. 31.25 % Indirect
Suncor Energy Inc. (operator) 68.75 % Indirect
On February 2, 2023, Teck Resources Limited completed the sale of its 21.3% interest in the Fort Hills Energy Limited Partnership (“Fort Hills”) to Suncor Energy Inc. (14.65%) and TotalEnergies EP Canada Ltd. (6.65%). As a result of this transaction, Suncor and its affiliate’s aggregate share in the project is 68.75% and TotalEnergies EP Canada Ltd. - 31.25%.

October 4, 2023 - Suncor Energy will buy the 31.23% interest held by TotalEnergies EP Canada in the Fort Hills oil sands mining project in northern Alberta, its total ownership to 100%.

Suncor's deal is expected to close by the end of this year.

Deposit type

  • Sediment-hosted

Summary:

Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnits2022202120202019
Bitumen k barrels 00000000000000000000

Operational metrics

Metrics20222021
Daily production capacity 000000
Ore tonnes mined 000000

Production Costs

CommodityUnits2022202120202019
Cash costs Bitumen CAD 00 000 000 26.2 / barrel  

Financials

Units20222021
Capital expenditures M CAD  ....  Subscribe  ....  Subscribe
Gross profit M CAD  ....  Subscribe

Heavy Mobile Equipment

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AV - Autonomous

Personnel

Mine Management

Source Source
Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Sep 8, 2023
....................... Subscription required ....................... Subscription required Subscription required Sep 8, 2023
....................... Subscription required ....................... Subscription required Subscription required Sep 8, 2023

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