CGA Mining Expands Operations at Masbate with Fleet Upgrade

CGA Mining (ASX:CGX) announced that it was expanding its mining fleet in order to service the expansion of its Masbate Gold Project in Philippines.

The gold producer said that it had secured a contract with a subsidiary of Leighton Holdings to increase the production at the mine. So Leighton Contractors Asia had ordered a larger fleet of heavy vehicles.

Two 200 tonne excavators and ten 100 tonne dump trucks will be ordered to raise the production levels by 67.3 % initially. This will allow the operational lifting of 920,000 bank cubic meters a month up from its current 500,000 capacity. Additional seven 100 tonne dump trucks will be ordered after six months. CGA says it is investing US $15 million upsize throughput to 6.5 million tonnes per annum at the Masbate project.

CGA chief executive Michael Carrick said the expansion of the fleet was an important step in profiting from the economies of scale. In a statement he mentioned that the sizing of the fleet is in line with the larger mining areas now available and is a reflection of the maturity and future potential of the operation at Masbate.

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.


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

  • APA

    Scanlon, Joel. (2019, March 19). CGA Mining Expands Operations at Masbate with Fleet Upgrade. AZoMining. Retrieved on July 12, 2024 from

  • MLA

    Scanlon, Joel. "CGA Mining Expands Operations at Masbate with Fleet Upgrade". AZoMining. 12 July 2024. <>.

  • Chicago

    Scanlon, Joel. "CGA Mining Expands Operations at Masbate with Fleet Upgrade". AZoMining. (accessed July 12, 2024).

  • Harvard

    Scanlon, Joel. 2019. CGA Mining Expands Operations at Masbate with Fleet Upgrade. AZoMining, viewed 12 July 2024,

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

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.