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DEALS OF GOLD

MACMAHON CONFIRMED FOR KING
OF THE HILLS

Red 5 Ltd has awarded a mining services contract for its King
of the Hills (KOTH) gold project to a subsidiary of Macmahon
Holdings Ltd.
Following on from a letter of intent signed in March this year,
Macmahon Contactors Pty Ltd will officially carry out work
across both the open pit and underground mining operations.
KOTH is slated to operate the open pit for 16 years and
underground for five years. The first gold pour was schedule
at the time of print.
The initial contract is for five years, with industry-standard
incentives and penalties in place for performance.
“Importantly, the contract terms are in line with the mining
unit costs outlined in the KOTH final feasibility study,” Red 5
managing director Mark Williams said.
Evolution is set to integrate RCT autonomous technology to its
“Given the current tightness in the labour market in Western Red Lake mine in Canada
Australia’s mining sector, we believe Macmahon is well
placed to secure the skilled resources required to operate the
improving the safety of the workforce on site.
underground and open pit mines at KOTH.”
The automated technology is set to provide optimal
Meanwhile, Red 5 has entered agreements with Alinta Energy
machine performance, higher speed tramming, safer work
and APA Operations to supply and transport fuel to KOTH.
environments, faster production cycles, and reduced machine
From March next year Alinta will supply 4,250 gigajoules of damage and downtimes.
daily fuel for three years, while APA will provide transport of the
RCT mining business development manager Ryan Noden
gas over a 10-year period. The contract with Alinta includes a
said the decision to integrate the autonomous technology will
two-year extension option.
be highly beneficial to Evolution.
“The advanced features of the ControlMaster Automation
EVOLuTION ENLISTS RCT FOR PROjECT technology means Red Lake will be able to quickly achieve
GROwTH improved production efficiencies from its loader fleet, with a
greater level of safety for its operators,” he said.
Evolution Mining Ltd will incorporate autonomous technology
from RCT as part of its three-year plan to revitalise the Red
Lake mine in Ontario, Canada. PERENTI HEADING uNDERGROuND AT RED CHRIS
RCT has been contracted to install its ControlMaster Guidance Perenti Global Ltd subsidiary Barminco has received a letter
Automation technology into Evolution’s underground loader of intent to develop an underground exploration decline at
fleet at Red Lake. Newcrest Mining Ltd’s Red Chris project in British Columbia,
Red Lake general manager Kirsty Liddicoat said the Canada.
RCT equipment would help achieve higher productivity The decline will support exploration activities at depth while
and efficiencies in the underground scoop fleet, while also being a critical piece of infrastructure for the potential

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