MINERAL EXPLORATION & MINING

Ausdrill secures AU$171 million in new work

Diversified mining services company Ausdrill has recently secured mining services contracts totalling AU$171 million.

 Ausdrill

Ausdrill

Talking about the contracts, Ausdrill MD, Mark Norwell, said: "These new projects demonstrate the diversity of the expanded Ausdrill group across different projects and resources, solid progress of Barminco, and the professional service our businesses have been providing to our customers."

Rosemont Gold Project

Ausdrill's recently acquired subsidiary, hard-rock underground miner Barminco, has been awarded a three-year underground mining services contract at the Rosemont Gold Project from Regis Resources Limited worth approximately AU$113 million.

Rosemont has been a fully operational open-pit gold mine since March 2013 and is one of three Regis projects in the Duketon deposit area, located 130km north of Laverton in the Goldfields region of Western Australia. Regis recently approved the expansion of the mine to an underground operation located directly below the current Rosemont open pit, with Barminco to perform development and production work at the underground deposit.

Barminco will commence mobilisation immediately and expects to employ approximately 100 staff at the project. Onsite works will commence in the first quarter of CY2019, including commencing portal development at the southern end of the Rosemont Main open pit. Barminco CEO Paul Muller said: "We are delighted to have been selected at this new project and look forward to working with the Regis team as Rosemont expands into underground production.

"This project adds to Barminco's extensive experience in the WA Goldfields, with current mining projects at Sunrise Dam and Agnew. We will draw on our deep capability across Barminco's people, equipment, systems, processes, and expertise in underground mining to ensure we provide a safe and reliable service at Rosemont and look to build a strong, long-term relationship with Regis."

Woodie Woodie Manganese Mine

Ausdrill has been awarded a contract from Consolidated Minerals for the provision of exploration drilling services at the Woodie Woodie manganese mine located in the Pilbara region of Western Australia.

The contract, which will commence in February 2019 and run for 12 months, will require five reverse circulation drill rigs and one diamond drill rig that will be drawn from the existing fleet.

Bellevue Gold Project

Bellevue Gold has awarded the contract for the provision of exploration drilling services at the Bellevue gold project in the Eastern Goldfields of Western Australia to Ausdrill.

The 12-month contract, which has recently commenced, will require approximately four diamond rigs that will also be drawn from the existing fleet.