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Contracting and property development company Watpac Ltd (ASX:WTP) says its civil and mining division has expanded with two new mining services contracts.
In the past month Watpac has secured a 3.5 year mineral sand mining contract in Victoria for Iluka Resources Ltd (ASX:ILU) and a six month contract from Yarrabee Coal Company for work at their Queensland mine.
Watpac says it now has a $740 million portfolio of long term mining services contracts in Australia across a range of commodities.
Watpac advises that is also a preferred contractor for Ramelius Resources Ltd (ASX:RMS) Mt Magnet Gold Mine in Western Australia.
In the first half of its 2011 financial year, Watpac generated a net profit of $4.3 million
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Last
$5.37 |
Change
0.010(0.19%) |
Mkt cap ! $2.603B |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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9 | 64609 | 8.800 |
6 | 44934 | 8.790 |
13 | 96993 | 8.780 |
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Price($) | Vol. | No. |
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8.830 | 97965 | 8 |
8.840 | 111842 | 11 |
8.850 | 30427 | 5 |
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8.870 | 54364 | 8 |
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