NRW Holdings Ltd (ASX:NWH) has been selected as preferred mining contractor by Gascoyne Resources for the Dalgaranga Gold project in WA. The 6-year contract for mining and drill and blast is expected to generate ~$300m revenue over the life of the contract. NRW will initially have 160 personnel on site rising to a peak of 200.
NRW Holdings is pleased to advise that Gascoyne Resources Limited (ASX: GCY) has selected NRW as the preferred mining contractor for Gascoyne’s flagship Dalgaranga Gold Project.
Contract award remains subject to finalisation of contract terms and conditions.
The contract is for open pit mining together with drill and blast operations and is expected to generate circa $300m revenue over six years.
NRW will initially have approximately 160 personnel on site rising to a peak of 200. NRW will utilise existing plant and equipment for the Project.
Jules Pemberton, MD of NRW said “We are delighted to have been selected as the preferred mining contractor for Gascoyne Resources Ltd’s Dalgaranga Gold Project. NRW has been involved with the Gascoyne team for some time through the early project studies, and we look forward to working with Gascoyne on this exciting new major gold mine development. This project will expand NRW’s current commodity base into WA’s robust gold sector.”
Kim Hyman
Company Secretary
