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ESG matters for NRW steels for Iron Bridge Meanwhile, construction of Mesa K non-
Perth Mint NRW Holdings Ltd will do the bulk earth- process infrastructure facilities for Rio Tinto
Ltd will also be done by Primero.
works required for the Iron Bridge magnet- These facilities form part of Rio Tinto’s
The Perth Mint and Australian block- ite project, which is a JV between Fortes- Robe Valley Sustaining group of projects.
chain company Security Matters Ltd cue Metals Group Ltd’s subsidiary FMG Primero will construct the mining infra-
will team up to develop the world’s first Iron Bridge and Formosa Steel IB. structure, including ammonium nitrate and
mine-to-marketplace ethical gold supply The contract award remains subject to emulsion mixing and storage facilities, and
chain. finalisation of several outstanding contrac- associated administration and access fa-
Security Matters’ technology enables tual items but in the meantime, NRW has cilities, as well as electrical design of vari-
any object in solid, liquid or gas form to be been directed to start mobilisation. Iron ous scope additions. Work has started and
permanently marked verifying its origins Bridge is expected to produce 22 wmtpa scheduled to be completed in Q3 2020, with
and making it possible to track it through magnetite, with NRW’s scope of work in- 80 Primero people committed to the project
the supply chain. cluding bulk earthworks and drainage for at its peak.
The global gold supply chain is esti- roads, processing plant and infrastructure
mated to employ around 15 million people for the new mine site development. The
and has been plagued with environmental contract value is circa $70 million with Up to the Challenge
and humanitarian issues for centuries. about 200 site-based personnel required at Menzies
It is hoped the Perth Mint and Security for the project at its peak.
Matters initiative will lead the way for the Kalgoorlie-based Challenge Drilling will
commercialisation of a worldwide supply conduct RC drilling at the Menzies gold
chain integrity solution for global mining Christmas goes on project for Kingwest Resources Ltd.
companies, refiners, vault operators, de- for Primero With high-grade mineralisation open at
positories, mints, wholesalers and retails. depth at Menzies, a drilling programme de-
Primero Group Pty Ltd has been award- signed to extend these mineralised zones
ed the EPC contract for the Christmas at depth has been planned.
Creek wet high intensity magnetic sepa- RC drilling for relatively shallow infill
ration project by Fortescue Metals Group (about 250m down-hole) and RC pre-
Ltd. collars for deeper diamond drill holes is
The project includes the complete en- planned to test the Yunndaga and Lady
gineering design, procurement and con- Shenton lodes as priorities at Menzies. Ad-
struction of a wet iron ore beneficiation ditional targets will also be tested, with tar-
plant that will process and upgrade fines gets and locations to be determined upon
material from the Christmas Creek 2 ore arrival of the rig.
processing facility.

Recent contract wins for Primero have
increased its total committed order book to
record levels of about $195 million (FY2020)
and $170 million (FY2021)

Security Matters chief executive Haggai Alon

NUCLEUS

+27 (0)10 593 0509 info@nucleusml.co.za www.nucleusml.co.za

aUSTRaLIa’S PaYDIRT MaRCH 2020 Page 85