- Write by:
-
Wednesday, September 16, 2020 - 10:56:59 AM
-
749 Visit
-
Print
Mining News Pro - Barminco has updated its development and production contract with MMG at the Dugald River zinc mine in Queensland, including an 18-month extension to the original agreement.
The 18-month contract extension will enable the hardrock underground mining services provider to continue working at Dugald River until 2022, with the option of two, one-year contract extensions in the future.
The Dugald River mine is one of the world’s top 10 zinc operations and produces 1.7 million tonnes of ore per annum on average. It mainly produces zinc concentrate, along with lead and silver by-products.
Barminco chief executive Paul Muller said the contract adde to Barminco and MMG’s extensive history.
“We are excited to continue our relationship with MMG, which began in 2001 at the Rosebery mine in Tasmania,” he said.
“Dugald River has been a significant project for Barminco since commencement during 2012, and this extension will take our valued relationship with MMG to over 20 years.”
Barminco has been operating at Dugald River since 2012.
Perenti managing director and chief executive Mark Norwell said its underground industry sector group had secured over $540 million in contract extensions this financial year.
“This is a great result for Barminco and MMG, extending their relationship to at least 2022,” he said.
“Perenti has a robust tender pipeline of $8.8 billion and our underground industry sector Group has secured more the $540 million in contract extensions this financial year.
“We look forward to continuing to deliver enduring value and certainty for MMG and the people of Cloncurry and the Mt Isa region.”
Short Link:
https://www.miningnews.ir/En/News/600493
Zinc traded close to a one-year high as metals markets looked past delays to US monetary easing to focus on looming ...
Copper jumped to its highest intraday price since January 2023 as the bellwether industrial metal faces rising tighter ...
Canadian miner Teck Resources has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc ...
Shares of MAG Silver rose on Thursday following the release of a new mineral resource estimate for the Juanicipio ...
Iron ore futures tumbled in Singapore, extending a stretch of volatile trading amid deepening anxiety over Chinese ...
Copper and zinc miner Teck Resources is considering building a lithium-ion battery recycling facility in British ...
Australia’s Perseus Mining is not giving up on its plans to acquire African gold developer OreCorp, releasing on Friday ...
British-based Adriatic Metals has produced the first concentrate at its Vares silver project in central Bosnia, the ...
Mexican President Andres Manuel Lopez Obrador’s proposal to ban open-pit mining will generate uncertainty and curtail ...
No comments have been posted yet ...