AUMS Zone 55 and Bagassi South underground contracts
African Underground Mining Services (AUMS), a 50:50 joint venture between Ausdrill Limited (ASX: ASL) and Barminco Holdings Pty Limited (“Barminco”) is pleased to announce it has been awarded the rollover/extension of services at Zone 55, and the commencement of works for Bagassi South mining contract with Roxgold in Burkina Faso.
The contract has a 30-month term, with an option of a 12-month extension, to supply all underground mining services for the Zone 55 (Yaramoko) and Bagassi South underground mines, including development and production activities, diamond drilling and associated services.
The contract has an estimated value of USD$160 million and is expected to start in Q3, 2018. The project will employ approximately 300 people including 225 Burkinabe employees.
AUMS’s Chief Operating Officer, Blair Sessions, said: “We are delighted to have secured this work and look forward to extending our important, highly valued relationship with Roxgold on their flagship project.”