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MACA expected to deliver works on Yandal Gold Project in WA


yandal-gold-mine-western-australia.jpg (cr: The West Australian)
Posted by Monica Gameng

MACA Limited is anticipated to deliver works at the Yandal Gold Project located approximately 83 kilometres northeast of Leinster in Western Australia, with the company signing a letter of intent with Echo Resources for two work contracts following a competitive tender process.

MACA Mining is set to be awarded the Open Pit Mining Services Contract while MACA Interquip is going to be awarded the Mill Refurbishment Contract. The final value of the contracts have not yet been disclosed as it will depend on the completion of the updated Bankable Feasibility Study (BFS) on the project.

“We are very pleased to be partnering with MACA. By involving MACA at this early stage and engaging with them constructively, we are confident of achieving efficiencies and synergies which will enhance the economics of the optimised BFS,” Echo Resources Chief Executive Officer Victor Rajasooriar said.

The scope of works under the open pit mining contract will include drill and blast as well as load and haul service. On the other hand, the mill contract will include the refurbishment and commissioning of the milling facility.

The ore from the Yandal Gold Project is going to be processed through the Bronzewing Processing Plant.

In addition to the letter of intent, MACA has also signed an agreement to subscribe for $1.5 million of the shares in Echo Resources - at $0.11 per share.

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Source: MACA Limited; Echo Resources; Australian Mining; The West Australian

Monica Gameng

Monica Gameng

As PlantMiner's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1000 posts. She truly is an industry expert. Monica's passion for educating and inspiring readers saw the PlantMiner blog recognised by Feedspot as one of the Best Australian Construction Blogs in 2018 and 2019. PlantMiner is Australia's largest online construction marketplace. Sign up as a vendor to find and engage with civil and commercial contractors across Australia. Alternatively, if you're looking for plant and equipment you can compare equipment and subcontractor quotes from vendors near you in just a few steps.