WDR has awarded its $ 100 million plus contract for the roper bar mine to Thiess. MD Norm Gardner said Thiess won the iron ore contract following a competitive tender. "We are delighted to award our mining services contract to a tier one contractor with an experienced management team & proven track record in order to manage & deliver our mining,load,haul & dump operations over the next three years" The company said the awarding of the contract was an important risk management initiative to manage the performance & cost of the NT mine. "Under the terms of the contract , Thiess will provide the necessary mining fleet, plant operators & onside management team to deliver WDR's production requirements throughout the term" the company said WDR started iron ore exports last month and aims to export between 2.5 & 3 million tonnes a year of direct shipping ore, for up to 12 years. WDR has so far proved up 600 million tonnes of resources at the Roper Bar project, & is hoping to expand in a second stage which could take it up to some 20 million tonnes of exports a year. The company believes there could be up to 2 Billion tonnes of ore in the region.
Now that last part of a stage 2 delivering 20 Mtpa is very exciting I can't wait for some ore news on that one
WDR Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held