MACA picks up $130m Ramelius contract extension

The Stellar open pit at Mt Magnet. Image: Ramelius Resources

MACA has secured a contract extension with Ramelius Resources at the Mount Magnet gold project in Western Australia.

The company expects to draw around $130 million in revenue over the three-year term.

It consists of open pit mining services, including drilling and blasting, and loading and hauling.

MACA chief executive and managing director Mike Sutton said the company was pleased to continue its relationship with Ramelius at Mount Magnet for a further three years.

“The services we provide at (Mount) Magnet and Edna May for Ramelius make up an important part of MACA’s work in hand in the gold sector,” he said.

MACA began works on the Mount Magnet project in 2017, with scope of works encompassing stockpile rehandle, dewatering and clearing, stripping and rehabilitation.

The Mount Magnet project consists of open pit and underground mines that stretch over mining and exploration lease areas of 225 square kilometres in the Murchison Goldfield of Yilgarn Craton.

Ramelius contracts MACA for the open pits and Byrnecut Australia for the underground mines.

The Western Australian gold producer acquired Mount Magnet from Harmony Gold and restarted operations in late 2011.

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