SRG Global wins drill and blast contract from Saracen Mineral Holdings

SRG Global says it has been awarded a five-year, circa A$70 million ($43 million) contract from Saracen Mineral Holdings to carry out specialist drill and blast services, explosives management and grade control drilling at the Thunderbox and Carosue Dam gold operations in Western Australia.

Saracen has recently become a much bigger entity thanks to the acquisition of 50% of the Kalgoorlie ‘Super Pit’, where SRG Global has provided specialist geotechnical services for over 20 years.

It is also in the process of expanding the mineral processing plant at the Carosue Dam gold operations, which will see throughput increase to 3.2 Mt/y by the installation of secondary grinding equipment.

David Macgeorge, Managing Director, said: “We are extremely pleased to have secured this new, five-year term contract with Saracen who are a major player in the gold sector. We are excited to partner with Saracen to deliver innovative solutions to drive both safety and operational performance. This contract further diversifies SRG Global’s customer base and adds significantly to our long-term work in hand.”