Big boost for SRG as Evolution Mining extends drill and blast agreements

first_imgContractor SRG Global announce it has secured an Umbrella Agreement with Evolution Mining Ltd to extend the terms of its drill and blast operations at the Cowal, Mt Rawdon and Mt Carlton operations. Evolution is Australia’s second largest ASX listed gold producer. The company operates five wholly owned gold mines located in Queensland, New South Wales and Western Australia and has an economic interest in the Ernest Henry copper gold mine in Queensland.Works under this agreement are expected to generate revenues of approximately A$115 million over the five-year term (assuming the two-year option is exercised). The new agreement will utilise assets from SRG Global’s existing fleet and will require minimal growth capital over the contract term. SRG Global Managing Director, David Macgeorge said, “This term contract is a significant achievement for SRG Global and our mining services team. It reinforces our strong working relationship with Evolution and underscores the confidence tier one mining companies have in our abilities as a leading drill and blast contractor.” Evolution Mining said, “Evolution has developed a good working partnership with SRG Global and we are pleased to be continuing this relationship.”last_img read more

Patrick Cazal to stay at Dunkerque until 2020

← Previous Story Women’s EHF Champions League 2016/17 without Serbian, Ukrainian and Slovenian champions Next Story → Play Off Results for the Men’s World Championship 2017 The former World Champion from 2001 with French national team, Patrick Cazal, extended his deal with US Dunkerque until 202o. Legendary lefthander began coaching career in Dunkerque in 2011 with great success – winning the Championship in 2014.Despite only average seventh place at the end of current season 2015/2016, Management showed full support for their coach by giving him a new contract. Patrick CazalUS Dunkerque