Ann: Baralaba North - Limited Notice to Proceed, page-15

Gee pb ..even that is confusing?
breaking news from early last year touting employment opportunities for 2019? Maybe Liberty has put Baralaba North in front of the South arm?

My feeling remains that the contract for Baralaba North was bid for and the win accepted on an ‘eyes wide open ‘ basis and whilst the history appears disreputable and vicious it may be that a new broom is sweeping clean?
Damon Barber https://www.bloomberg.com/research/stocks/people/person.asp?personId=100411939&privcapId=24624634
is/senior managing director and set up a copper operations in Australia as CEO of CST Mining Group http://www.cstgrouphk.com/en/media/press/p101123.pdf
Here is something about them :
“CST Mining Group Limited, formerly known as China Sci-Tech Holdings Limited, is Asia Pacific’s newest copper mining company. Based and listed in Hong Kong, CST Mining Group Limited owns 100% of the Lady Annie operations in Queensland, Australia, and 70% of the Mina Justa Project in Peru. For more information, please visit www.cstmining.com”

(And oops that company is also a bit murky ? CST were fined for breaching EPA conditions when some work failed ..(possibly done by Northern Territory contractor CDE Capital?) https://www.australianmining.com.au/news/best-contract-miner-of-the-year/)

Hmmmm....


My gut feel is that the broom is intending to sweep clean .... that Golding was chosen because of its impeccable (a la parent company, NRW) attention to detail and that , with all the environmental concerns over Adani etc, setting things up with the most conscientious contractor to avoid future problems was an important of the selection process.

..And remember NRW dropped my old ‘skeleton in the closet’, Empire gold like a hot potato despite agreeing to mine for them at a time when they could have used the income . ie they simply don’t work with less than scrupulous companies.
Tier One all the way!