Emerald Resources NL advises that it has executed two Letters of Award with MACA Mining Pty Ltd, a
wholly owned subsidiary of the Thiess Group, appointing MACA as the preferred mining services contractor for the company’s 100% owned Dingo Range Gold Project in Western Australia and 100% owned Okvau Gold Mine in Cambodia.
The Letters of Award are consistent with the Exclusivity Agreement executed between Emerald and MACA announced in August 2024 and are subject to final contracts. They further strengthen the long-standing relationship between Emerald’s management team and MACA, which spans more than 20 years.
At the Dingo Range Gold Project the contract scope covers drill & blast, load & haul, ROM crusher feed, mine development, ancillary mining services and associated services with an initial contract term of 74 months and a mobilisation date of December 2026. The contract value is ~A$562.5 million.
At Okvau Gold Mine the work covers continuation of mining operations under the original Okvau Gold Mine mining contract executed in March 2020 with an extension of the mining contract to February 2030 to include further development and mining of Stages 8 and 9 of the Okvau Gold Mine.
Emerald’s Managing Director, Morgan Hart commented: “We are extremely pleased to announce the Letters of Award for both the Dingo Range Gold Project and the extension of mining operations at the Okvau Gold Mine through Stages 8 and 9. These awards continue a long-standing relationship between Emerald and MACA that spans more than 20 years and has delivered numerous successful mining projects.”
He added: “The Letters of Award follow the successful completion of negotiations undertaken in accordance with the Exclusivity Agreement announced in August 2024. The negotiations were conducted through a clear and transparent open book process, resulting in an agreed schedule of rates. We look forward to MACA mobilising to the Dingo Range Gold Project in late 2026 and continuing to leverage the strong working relationship and operational synergies that have been established
between the Emerald and MACA teams.”
Hart concluded: “This is an exciting period for Emerald as we advance two fully funded and permitted mining developments at the 100% owned Dingo Range Gold Project in Western Australia and the 100% owned Memot Gold Project in Cambodia, while continuing to expand our operations at Okvau by building on our partnership with MACA to assist in the delivery of Emerald’s next phase of growth.”
The post Emerald Resources announces new mining contract award to MACA appeared first on International Mining.