Ausdrill subsidiary wins massive gold contract

Ausdrill subsidiary African Mining Services (AMS) has won a US$300 million contract at the Tulu Kapi gold project.

The win sees AMS act at the preferred contractor for mine establishment and operation at KEFI Minerals Tulu project in Ethiopia, and is slated to run for around 10 years.

Scope of the work includes pre-mining earthworks as well as the life-of-open-pit mining operation; schedules of rates payment structure based on per cubic meter delivered; and free issue by KEFI of explosives and fuel.

 

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