Tag Archives: GFG Liberty OneSteel

SRG Global to help Red 5 blast off at Great Western gold mine

Explosives and blasting, Mineral project development, Mining services, Precious metals, , , , , , , ,

SRG Global has been awarded a term contract with Pit N Portal Mining Services to provide specialist production drill and blast services and explosives supply at Red 5 Ltd’s Great Western gold mine in Western Australia.

The term contract is expected to start immediately for an initial 12-month term.

Pit N Portal, a division of Emeco, was awarded the contract mining gig at Great Western back in October.

A satellite deposit located around 55 km from Red 5’s Darlot gold mine and processing facility, Great Western comes with a measured, indicated and inferred resource of 870,000 t grading 2.5 g/t Au for 70,300 oz of contained gold. The maiden proven and probable reserve totalled 437,500 t at 2.5g/t Au for 35,424 oz of contained gold.

Based on a proposed mining rate of between 30,000-40,000 t/mth of ore, the open pit is expected to be completed over a period of around 13 months, with plans to then access the underground orebody via a portal at the base of the pit, Red 5 said at the time.

In addition to the work on Great Western, SRG Global was also awarded a new three-year contract (with option for a further two years) with GFG Liberty OneSteel to provide engineered access solutions at the Liberty Steelworks site in Whyalla, South Australia.

David Macgeorge, Managing Director of SRG Global, said: “We are very pleased to have secured these two term contracts, adding to our recurring annuity earnings.

“The Pit N Portal contract was specifically targeted as it builds upon our mining services portfolio of high-quality growth commodities whilst diversifying SRG Global’s customer base.”

SRG Global wins Whyalla Steelworks refractory contract

Comminution of minerals, Mine operation news, Mineral processing, Mining services, Steel and iron ore, , , , , , , , , ,

SRG Global says it has finalised a long-term contract with GFG Liberty OneSteel to provide refractory services throughout the Whyalla Steelworks site in South Australia.

The services incorporate the pellet plant, ironmaking, steelmaking and steel products assets, according to SRG Global, with the contract for an initial four-year term with options for a further two-year extension.

The engineering-led specialist construction, maintenance and mining services group said works under this contract are expected to generate revenue of around A$45 million ($31 million) over the six-year term, or some $30 million over the initial four-year term.

“The contract is clear evidence of the benefits that are being delivered through the creation of SRG Global, an engineering-led specialist construction, maintenance and mining services group operating across the entire asset life cycle,” SRG said.

Last year, Global Construction Services and SRG carried out a merger to create SRG Global.

The award of this refractory services contract at Whyalla Steelworks will complement existing works being undertaken by SRG Global’s Mining Services division, which has been operating in the region since 2012, the company added.

SRG Global Managing Director, David Macgeorge, said the contract highlighted the company’s depth of experience in complex asset services and is “further evidence of the diverse capabilities we offer as a combined entity”.

He added: “The contract award is significant in that it aligns with SRG Global’s long-term strategy of securing a greater proportion of recurring revenue contracts in the asset services sector. It is also a considerable achievement in leveraging our refractory services expertise to significantly bolster work in hand.”