Ausdrill grabs $800 million Botswana copper contract

Ausdrill Limited’s hard-rock underground mining subsidiary, Barminco has won a 5-year $800 million contract at a copper mine in Botswana. Work at Khoemacau Copper Mining Limited’s Zone 5 mine is expected to start in December, subject to the finalisation of project funding.

Mark Norwell

Ausdrill Managing Director, Mark Norwell said Botswana was a highly desirable country to do business in Africa.

Khoemacau’s Zone 5 project, located in the Kalahari copper belt in Botswana, will initially produce 3.6 million tonnes a year of copper ore. Barminco Chief Executive, Paul Muller said in addition to safety, quality and productivity success at Zone 5 would be measured by the creation of a highly skilled local workforce.

The Perth-based mining contractor closed its $271 million purchase of Barminco in November.

Source: thewest.com.au

3 weeks ago

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