MACA extends contract mining relationship with Ramelius Resources

MACA says it has been awarded an open-pit mining contract from Ramelius Resources for load and haul, and drill and blast services at the Tampia gold project in Western Australia.

Tampia is near Narembeen, 250 km east of Perth, and 148 km by sealed roads from Ramelius’ Edna May gold mine where MACA currently provides contract mining services.

The contract is expected to generate A$95 million ($74 million) in revenue for MACA over a 28-month term, commencing in the June quarter, and will employ around 115 people. MACA says its work in hand position as of February 21 now stands at A$3.4 billion.

MACA’s CEO, Mike Sutton, said: “MACA is very pleased to be awarded this contract at the Tampia gold project, and values the long-standing relationship that we have established with Ramelius since commencing works on the Mt Magnet gold project in 2017, and then the Edna May gold project in 2020.”

The Tampia gold project, which Ramelius consolidated 100% ownership of earlier this year, was the subject of a feasibility study in April 2020. This study focused on the option to haul ore to Ramelius’ Edna May processing facility for production of 186,000 oz of gold from the processing of 2.5 Mt of ore.