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DEALS OF GOLD                                                    fortescuehelicopters.com.au





          auMs Gets tWO MOre Years at YaraMOkO                  Maca the cOntractOr Of chOice

          Perenti Global Ltd has been awarded a two-year contract   fOr karlaWinda
          extension to continue as the underground operator at Roxgold   Capricorn Metals Ltd has issued MACA Ltd with a letter of intent
          Inc’s Yaramoko mine in Burkina Faso.
                                                                for the award of an open pit mining services contract for the
          The contract extension – awarded to Perenti-controlled African   Karlawinda gold project, about 65km south-east of Newman.
          Underground  Mining  Services  (AUMS)  –  is  valued  at  $200
                                                                The mining services contract will likely consist of drilling and
          million and will run from December 2021 to December 2023.   blasting and loading and hauling and is expected to generate
          It  follows  on  from  the  existing  development  and  production
                                                                about $410 million in revenue for MACA over the initial five-year
          scope currently being executed, taking the total contracted   term. It also includes an option to extend the length of the term
          work-in-hand at Yaramoko to circa $350 million.
                                                                at Capricorn’s election.
          AUMS has been successfully operating at the mine since the
                                                                MACA anticipates about 11 million bcm of ore and waste will be
          development of the Zone 55 Portal in 2015. The project has   moved annually using a fleet of 180t dump trucks.
          now grown to include the Bagassi South mine.
                                                                Ancillary works are expected to begin in December, with mining
          “Barminco  and  AUMS  combined  are  a  global  leader  in   activities to follow shortly after.
          hard rock underground mining,” Perenti managing director
                                                                MACA’s total work-in-hand position now stands at $2.7 billion.
          Mark Norwell said. “This contract extension reinforces their
          sector-leading  position  and  underlines  the  group’s  focus
          on  profitable  growth  through  extending  existing  contracts   PWr exPands its fOOtPrint
          and  winning  new  work  aligned  with  our  2025  strategy.”
                                                                Paull and Warner Resources’ (PWR) growth continues with the
                                                                company expanding to a 3,500 sqm office and manufacturing
            Perenti’s AUMS will continue as the underground contractor at the   facility in the Perth suburb of Kewdale (below). The new facility
            Yaramoko gold mine in Burkina Faso until at least December 2023  complements  PWR’s  recent  growth  in  the  fire  suppression,
                                                                critical services personnel and emergency vehicle manufacturing
                                                                industries and allows for further growth as the company ramps up
                                                                long-term contracts in the Eastern Goldfields.
                                                                PWR  also  plans  to  expand  its  current  facilities  in  Kalgoorlie,
                                                                having recently won local contracts for fire detection services with
                                                                Energy Development Ltd and mobile fire suppression installation
                                                                and servicing for Silver Lake Resources Ltd.



























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