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MMG extends Aussie firm’s P2bn contract at Khoemacau

Rumbling on: Khoemacau is due for a $700 million expansion, as it responds to the global surge in copper demand PIC: MINING REVIEW
Rumbling on: Khoemacau is due for a $700 million expansion, as it responds to the global surge in copper demand PIC: MINING REVIEW

Chinese state majority-owned firm, MMG, which snapped up Khoemacau Copper Mine in the biggest takeover ever seen in the local market, has decided to keep faith in Australian mining contractor, Barminco, extending the contract by a year.

The revised contract, valued at approximately (Australian Dollars) AU$240 million (P2.1 billion), will now continue until June 30, 2025.

Under the agreement, Barminco will continue to provide underground development, production, and mining support services.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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