Tag Archives: Mike Sutton

MACA receives contract extension from Regis Resources at Duketon North

3rd May 2022Mine operation news, Mining services, Precious metalscontract mining, Duketon North, Duketon South, Goldfields, MACA, Mike Sutton, Regis ResourcesDaniel Gleeson

MACA has announced the extension of its mining services contract with Regis Resources Ltd at the Duketon North Operations (DNO) in Western Australia, having provided mining services at the project since 2010.

The service offering includes a dedicated workforce of 258 personnel delivering drill & blast, load & haul, plant maintenance and technical services across the Regis open pits in the area.

This extension is expected to generate up to A$50 million ($36 million) per year in revenue for MACA and will utilise the contract miner’s existing fleet on site. DNO continues to run alongside the Duketon South Operations (DSO).

Both parties have signalled their intention to explore conversion of both the DSO and DNO contracts into an amalgamated partnership-style life of mine alliance arrangement post June 2023, MACA said. The asset produced 356,000 oz of gold in the 2021 financial year.

MACA’s work in hand position including this contract is in excess of A$2.6 billion at April 2022.

MACA CEO, Mike Sutton, said: “MACA is delighted to continue its long-standing relationship with Regis at the Duketon North Operation. Our team has a long-standing relationship with Regis and MACA is proud to be an ongoing part of this operation. This project will be undertaken utilising existing fleet and contributes to MACA’s secured mining work in hand in the Goldfields region, ensuring future work continues to consist of a balanced portfolio of commodities.”

MACA to carry out open-pit mining services at Roy Hill iron ore operation

14th December 2021Mine operation news, Mining services, Steel and iron oreDrill and blast, Hancock Prospecting, load and haul, MACA Ltd, Mike Sutton, mining services, Roy Hill Iron OreDaniel Gleeson

MACA Ltd says it has been awarded a mining services contract with Roy Hill Iron Ore Pty Ltd at the Roy Hill iron ore operation in the Pilbara of Western Australia.

The project consists of open-pit mining services, including load and haul and drill and blast, and is expected to generate approximately A$70 million ($50 million) in revenue for MACA over the 12-month term, commencing in early 2022, it said.

MACA says its work in hand position including this contract is currently A$3 billion.

The Roy Hill project is owned by Hancock Prospecting Pty Ltd, Marubeni Corporation, POSCO and China Steel Corporation, and is 115 km north of Newman in Western Australia’s Pilbara region.

MACA CEO, Mike Sutton, said: “MACA is very pleased to be able to continue working with Roy Hill at its world-class iron ore operation, having commenced civil works at the project earlier this year. Our team has a long-standing relationship with Roy Hill, starting with first mining at the Roy Hill project, and MACA is proud to be an ongoing part of this operation.

“This project will be undertaken utilising existing fleet, contributes to MACA’s secured mining work in hand for financial year 2022 and financial year 2023 and further secures our strong position in the Pilbara region.”

MACA wins 12-month extension at Pilbara Minerals’ Pilgangoora lithium project

16th September 2021Energy minerals, Mine operation news, Mining servicesdrilling and blasting, hauling, Lithium, Loading, MACA, METS, Mike Sutton, Pilgangoora, Western AustraliaDaniel Gleeson

MACA Ltd has announced the extension of its mining services contract with Pilbara Minerals for a further 12 months at the Pilgangoora lithium project, in Western Australia, following Pilbara Minerals exercise of its 12-month option.

The Pilgangoora project consists of open-pit mining services including drilling and blasting and loading and hauling, and the extension is expected to generate approximately A$70 million ($51 million) in revenue for MACA over the 12-month term through to November 2022. MACA’s work in hand position as of September 21 is A$3.1 billion, it says.

MACA CEO, Mike Sutton, said “MACA is very pleased to be able to continue working with Pilbara Minerals at the Pilgangoora lithium-tantalum project, having commenced operations on site in 2017. We strongly value the collaborative working relationship established with the Pilbara Minerals team over the previous four years and are proud to be an ongoing part of this project.

“For MACA, this extension secures our strong position in the Pilbara region and also provides continued involvement in the lithium industry.”

MACA signs three-year extension with CITIC Pacific at Cape Preston

26th March 2021Mine operation news, Mining services, Steel and iron oreCape Preston, Downer, Iron ore, MACA Ltd, magnetite, Mike Sutton, Sino Iron, Western AustraliaDaniel Gleeson

MACA Ltd says it has finalised the hire and maintenance contract for CITIC Pacific Mining Management at the Cape Preston Sino Iron magnetite project, 100 km southwest of Karratha in the Pilbara region of Western Australia.

The contract is expected to generate A$200 million ($152 million) in revenue for MACA over a 36-month term commencing in April. MACA’s work-in-hand position as of February 2021 is A$3.4 billion, the company said.

MACA CEO, Mike Sutton, said: “MACA is very pleased to continue working with CITIC Pacific Mining at the Sino Iron magnetite project, and we value the long-standing relationships we have with our clients at this pioneering mega project.

The current CPM contract was novated from Downer to MACA, following the acquisition of the Mining West business, and it’s pleasing to have now secured this three-year extension.”

In February, MACA completed the acquisition of Downer’s Mining West business, bringing with it four contracts at long-life mining assets in Western Australia, including the Cape Preston agreement.

MACA extends contract mining relationship with Ramelius Resources

26th February 2021Mine operation news, Mining equipment, Mining services, Precious metalscontract mining, Edna May, gold, MACA, Mike Sutton, Mt Magnet, TampiaDaniel Gleeson

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.

MACA expands WA presence with Mining West acquisition

2nd February 2021Mining equipment, Mining mergers and acquisitions, Mining services, Precious metals, Steel and iron oreCape Preston, contract mining, Downer, Downer EDI, Eliwana, Gruyere, Karara, MACA, Mike Sutton, mining M&ADaniel Gleeson

MACA Ltd has completed the acquisition of the Mining West business from Downer EDI Ltd, bringing with it four contracts at long-life mining assets in Western Australia.

The Mining West business currently comprises four contracts at Karara (Ansteel), Eliwana (Fortescue Metals Group), Cape Preston (Citic Pacific) and Gruyere (Gold Fields, Gold Road Resources), with each of the four novating successfully to MACA, taking effect from completion, MACA said.

Additionally, in excess of 96% of the Mining West workforce has accepted employment with MACA, the ASX-listed contractor said.

MACA’s CEO and Managing Director, Mike Sutton, said: “Acquisition of the Mining West business will provide MACA with a very meaningful addition of a large-scale mining fleet that is currently engaged across four long-life projects, all with quality customers that are well known to me and other key members of MACA’s management team.”

This fleet comprises 14 excavators and shovels, 65 dump trucks, 11 surface drills and 36 other ancillary machines.

“With the inclusion of Mining West, MACA now has total contracted work in hand of A$3.3 billion ($2.5 billion) at December 31, 2020, that provides a robust revenue base well past financial year 2025. MACA remains very active with its tendering activities and is well placed to pursue a significant number of opportunities across both current and new projects.”

Downer says it will receive over A$200 million in cash proceeds as a result of the sale.

MACA increases open-pit scale by acquiring Downer EDI’s Mining West business

15th December 2020Equipment maintenance, Mine operation news, Mining equipment, Mining mergers and acquisitions, Mining services, Precious metals, Steel and iron oreAnsteel, Cape Preston, CITIC Pacific Mining, contract mining, Downer EDI, drills, dump trucks, Eliwana, Excavators, Fortescue Metals Group, Gold Fields, Gold Road Resources, Gruyere, Karara, MACA, Mike Sutton, Mining West, shovelsDaniel Gleeson

MACA has entered into a binding agreement to acquire Downer EDI Limited’s Mining West business in a deal that could involve a consideration of A$175 million ($132 million).

Just last week, MACA said it was considering the potential purchase of Downer EDI Limited’s Mining West division as part of a stated plan to explore and pursue growth opportunities that will deliver “value to shareholders on an ongoing basis”.

The Mining West business currently comprises four large contracts at the long-life assets of Karara (Ansteel), Eliwana (Fortescue Metals Group), Cape Preston (CITIC Pacific) and Gruyere (Gold Fields, Gold Road Resources).

MACA’s CEO and Managing Director, Mike Sutton, said the acquisition provided MACA with a very meaningful addition of a large-scale mining fleet currently engaged across these projects. This comprises 14 excavators and shovels, 65 dump trucks, 11 surface drills and 36 other ancillary machines.

The fleet being acquired is currently fully utilised, or in the process of being deployed to projects, with the equipment having mixed life (with machines being on average mid-life). MACA says its due diligence has confirmed the machines are in good working order, having been well maintained by Mining West’s internal plant department.

With the inclusion of Mining West, MACA now has total contracted work in hand of over A$3.4 billion, which provides a robust revenue base well past its 2025 financial year, Sutton added.

MACA wins three-year contract extension at Ramelius’ Mt Magnet gold mine

22nd July 2020Mine operation news, Mining equipment, Mining services, Precious metalscontract mining, Drill and blast, Edna May, gold, load and haul, MACA, Mike Sutton, Mt Magnet, Western AustraliaDaniel Gleeson

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.”

MACA to become contract miner at Atlas Iron’s Corunna Downs mine

2nd July 2020Mineral project development, Mining services, Steel and iron orecontract mining, Corunna Downs, drill & blast, loading and hauling, MACA, Mike Sutton, Mount Webber, Pilbara, Western AustraliaDaniel Gleeson

MACA is to carry out open-pit mining at the Corunna Downs iron ore project in the Pilbara of Western Australia following a contract award from owner Atlas Iron.

The contract follows an agreement between the two to upgrade an existing public road and develop an access road at Corunna Downs, announced earlier this year.

The project, some 33 km south of Marble Bar in the Pilbara, will see Atlas develop five open pits using conventional drill and blast, and load and haul methods. Some 23.3 Mt of iron ore will be mined above the water table over an approximate timeframe of six years, according to a filing with the Environmental Protection Authority.

MACA will carry out the drilling and blasting, and loading and hauling as part of the new pact, which is expected to generate around A$230 million ($159 million) in revenue for MACA over the 62-month term.

MACA says it has a long-standing working relationship with Atlas having previously provided services at the Pardoo, Mt Dove, Abydos and Wodgina iron ore operations. It is also currently providing crushing services for Atlas at its Mount Webber iron ore mine on top of the civil works at Corunna Downs.

The contractor’s total work in hand position now stands at A$2.2 billion, it said.

MACA CEO, Mike Sutton, said: “We are pleased to have been selected as the contract miner for Atlas building on our workload in the iron ore sector with an existing client. We look forward to being part of the successful development of this project.”

MACA wins early civil works contract at Atlas Iron Corunna Downs project

17th March 2020Mineral project development, Mining maintenance, Mining services, Steel and iron oreAtlas Iron, BHP, civil works, Corunna Downs, Eastern Ridge, Iron ore, MACA, Mike Sutton, Pilbara, Western AustraliaDaniel Gleeson

MACA is to upgrade an existing public road and develop access road at the Corunna Downs iron ore project following a contract award from Atlas Iron.

The project, 33 km south of Marble Bar in the Pilbara region of Western Australia, will see Atlas develop five open pits using conventional drill and blast, and load and haul methods. Some 23.3 Mt of iron ore will be mined above the water table over an approximate timeframe of six years, according to a filing with the Environmental Protection Authority.

MACA’s contract is expected to generate revenue of around A$38 million ($23 million) over the eight-month term of the project. This includes the upgrade of a 22 km section of public road and the development of 13 km of access road. At its peak, the project will employ around 80 people, according to MACA.

The project is expected to commence in the June quarter for completion this year.

MACA has a long-standing working relationship with Atlas having previously provided services at the Pardoo, Mt Dove, Abydos and Wodgina operations. It is currently providing crushing services for Atlas at its Mount Webber operations.

MACA CEO, Mike Sutton, said: “MACA is delighted to have been awarded these early civil works for Atlas demonstrating the civil capability within our end to end mining service offering. We look forward to being part of the successful development of Corunna Downs and continuing our long-standing relationship with Atlas.”

Separately, MACA also advises it has received notice of a 12-month extension to its Eastern Ridge mobile crushing contract for BHP extending the project to April 2021.