MACA Wins Peculiar Knob Mining Contract from Western Plains

Western Plains Resources has given a $285 million mining contract for the Peculiar Knob high grade iron ore project in South Australia to MACA Ltd. The mine is located 90 km south east of Coober Pedy, a town known as the opal capital of the world.

Shares of the Western Australia based mining contractor MACA rose by 12.8 % after the announcement. They closed Tuesday at $2.60 after hitting $2.82 earlier in the day.

The Peculiar Knob mining project represents a six year contract with WPG Resources. It will commence in April 2011 and is the first project for the mine contracting firm outside Western Australia. MACA is likely to provide drill and blast services along with loading and haulage of ore and waste material at the mine site.

WPG resources hopes to export 3.3 million tonnes of high grade ore each year from Peculiar Knob for direct shipping after production begins. They hope to begin exports before the end of 2011. As per an announcement from MACA its subsidiary Mining and Civil Australia will employ about 100 people on the project when the mine is in full production.

MACA executive chairman Bob Duffin said that the Peculiar Knob project is the first contract awarded to MACA outside Western Australia and represents an important next phase of growth for the company. He added that the company was now waiting on two approvals. One for the mining and rehabilitation plan (MARP) for the mine. Secondly for the Development Assessment Commission (DAC) approval for the company's export facility at Port Pirie.

Joel Scanlon

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Western Plains Resources Ltd.. (2019, February 18). MACA Wins Peculiar Knob Mining Contract from Western Plains. AZoMining. Retrieved on June 22, 2024 from https://www.azomining.com/News.aspx?newsID=3058.

  • MLA

    Western Plains Resources Ltd.. "MACA Wins Peculiar Knob Mining Contract from Western Plains". AZoMining. 22 June 2024. <https://www.azomining.com/News.aspx?newsID=3058>.

  • Chicago

    Western Plains Resources Ltd.. "MACA Wins Peculiar Knob Mining Contract from Western Plains". AZoMining. https://www.azomining.com/News.aspx?newsID=3058. (accessed June 22, 2024).

  • Harvard

    Western Plains Resources Ltd.. 2019. MACA Wins Peculiar Knob Mining Contract from Western Plains. AZoMining, viewed 22 June 2024, https://www.azomining.com/News.aspx?newsID=3058.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.