Mining Intelligence and News
Canada

Fort Hills Mine

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Fort Hills Mine

Location: 22 km N from Fort Mckay, Alberta, Canada

Regional Office:

Tar Island
P.O. Box 4015, Main Mailroom
Fort McMurray
Alberta, Canada
T9H 3E3

Contacts:

Additional Resources for Suppliers & Investors

Categories

Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Bitumen
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotFort Hills includes Suncor’s wholly owned and operated Fort Hills mining and extraction operation, and the East Tank Farm Development.

In 2024, the company will be in the second year of its three-year mine improvement plan at Fort Hills, while also accelerating a sequence of mine development relative to its historical plans, requiring the opening of two sections in the North Pit rather than one as originally planned. Upon completion of the three-year mine improvement plan, opportunities for further value optimization will be implemented for the remaining life of the mine.

Owners

SourceSource
CompanyInterestOwnership
Suncor Energy Inc. 100 % Indirect
On February 2, 2023, Suncor completed the acquisition of an additional 14.65% working interest in Fort Hills from Teck Resources Limited (Teck), bringing the company’s working interest in Fort Hills to 68.76%.

On November 20, 2023, Suncor completed the acquisition of TotalEnergies EP Canada Ltd. (TotalEnergies Canada), which held the remaining 31.23% working interest in Fort Hills, making Suncor the sole owner of Fort Hills.

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

CommodityUnits202420232022202120202019
Bitumen k barrels  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe57,700 
^ Guidance / Forecast.

Operational metrics

Metrics202320222021
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe
Daily production capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe

Production Costs

CommodityUnits202420232022202120202019
Cash costs Bitumen CAD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 26.2 / barrel  
^ Guidance / Forecast.

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

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Aug 7, 2024
....................... Subscription required ....................... Subscription required Subscription required Aug 7, 2024
....................... Subscription required ....................... Subscription required Subscription required Aug 7, 2024

Aerial view:

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