African Underground Mining bags Subika contract for $280 million
Major African mining player, African Underground Mining Services, has announced a significant mining contract with Newmont Ghana.
The company, a 50:50 joint venture between Ausdrill Limited and Barminco Holdings Limited, has revealed it has been awarded the Subika Underground Mining Contract with Newmont Ghana Gold at the Ahafo complex in Ghana.
The contract is a five-year term to supply all underground mining services for the Subika Underground Mine, including development and production activities, diamond drilling and associated services.
The contract has an estimated value of USD$280 million.
AUMS is looking forward to renewing the partnership with Newmont Ghana Gold, and expects to begin activities in Q2, 2017.
You can read our exclusive report on Newmont’s significant Ghana gold mining operations, including the success and development at the Ahafo mine.
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