Australian gold mining company MACA has secured a A$185m ($131m) mining and crushing contract for the resource exploration company Fenix Resources’ Iron Ridge iron ore project in Western Australia (WA).
The Iron Ridge project is an open-pit iron ore project located in the Murchison region of WA. It is approximately 600km north-northeast of Perth and approximately 67km north-east of Cue.
Early stage works at the iron ore project started last month.
Currently, MACA is mobilising heavy earthmoving equipment to Iron Ridge site.
As part of the six-year contract, MACA will be responsible for drilling and blasting, mining, as well as crushing and screening works at the Iron Ridge project.
Fenix Resources managing director Rob Brierley said: “We having been interacting with MACA on all aspects associated with the Iron Ridge Project for well over a year now, and we are pleased that this relationship will continue as we transition to production in the near-term.
“MACA has vast experience in all aspects of iron ore mining operations and has essentially offered Fenix a one-stop shop for all our service requirements leading up to the transport of the ore from site to the port of Geraldton.”
Fenix noted that the terms of the contract are in line with its feasibility study, which was completed in November last year.
In July, MACA secured a contract extension at Australian gold producer Ramelius Resources’ Mount Magnet gold project in WA.
In November last year, MACA received a letter of award from FQM Australia Nickel to provide open pit mining services at the Ravensthorpe project.