Contract miner MACA has been given an extension to its contract at Ramelius Resources’ Mt Magnet gold mine, with the ASX-listed company set to continue providing mining services at the Western Australia operation for another three years.
The project extension will consist of open-pit mining services including drilling and blasting, and loading and hauling, MACA said.
It is expected the project extension will generate approximately A$130 million ($93 million) in revenue for MACA over the three-year term.
MACA says its total work in hand position now stands at a healthy A$2.3 billion.
Mike Sutton, MACA CEO and Managing Director, said: “We are pleased to continue our relationship with Ramelius Resources at Mt Magnet for a further three years. The services we provide at Mt Magnet and Edna May for Ramelius make up an important part of MACA’s work in hand in the gold sector.”