Brierty Awarded Mining Work Valued at $18.1M
A letter of award has been received from Tanami Gold NL (ASX: TAM) for the continuation of mining work at their Bald Hill mine site. The work scope is valued at $12.4 million and includes drill and blast and load and haul over a ten month period at the Kookaburra and Sandpiper pits. Formal contract documentation is expected to follow shortly.
Brierty Acting CEO, Tony Bevan, said the company was pleased to continue its association with Tanami Gold, having developed an excellent working relationship over the last two years.
The company has signed a contract with Mount Gibson Iron Limited (ASX: MGX) for the removal of overburden from its Extension Hill mine site in the mid-west of Western Australia. This contract is valued at $5.7 million, will commence in early December 2010 and has a duration of six months.
It represents an extension of Brierty’s existing relationship with Mount Gibson Iron, with the company currently constructing 85 kilometres of haul road from Perenjori to the Extension Hill mine site.
Mr Bevan said the awards reaffirmed Brierty’s mining credentials.
“With our team of experienced mining resource people, Brierty is very well placed to take advantage of the opportunities that exist in the mining sector.”