This underground mining contract is the single largest contract in Saracen’s history, and it is driven by Carosue Dam’s increasing mine life.
Scope of works under the contract will include underground development as well as production stoping at the Karari and Deep South underground mines at Carosue Dam. The contract has an initial term of four years with a one year extension option at Saracen’s election.
According to Saracen Managing Director Raleigh Finlayson, the company is looking forward to partnering with Byrnecut to build on the safe and highly productive Carosue Dam underground mining operation.
“This is the largest single contract in Saracen’s history, with the scale and duration of the contract driven by our confidence in a large and rapidly growing gold system at Carosue Dam,” Mr Finlayson said.
Subscribe to the PlantMiner blog today to stay up to date with the latest industry news and project updates.