Regis Awards Mining Services Contract to MACA

25 April 2011 (Last Updated April 25th, 2011 18:30)

Regis Resources has awarded a mining services contract worth $450m to MACA for its Garden Well gold project in Australia. Under the eight-year contract, MACA will provide various civil works, drilling, blasting, loading and hauling for the Garden Well project. The contract is su

Regis Resources has awarded a mining services contract worth $450m to MACA for its Garden Well gold project in Australia.

Under the eight-year contract, MACA will provide various civil works, drilling, blasting, loading and hauling for the Garden Well project.

The contract is subject to various factors including completion of the Garden Well project definitive feasibility study by Regis, statutory approvals, Regis Board approval of the development and final negotiation of mutually acceptable contract terms.

On completion of the necessary approvals and contract negotiations, mobilisation to site is expected to occur in the third quarter of this year.