Ausdrill wins $235m Africa contract

07/08/2019

Gold developer West African Resources Limited has appointed Ausdrill as the preferred tenderer for the open-pit mining contract for the Sanbrado Gold Project in Burkino Faso.

West African Resources Managing Director Richard Hyde said:

“The open-pit mining contract is the final major operational contract for our high-grade Sanbrado Gold Project, and the appointment of AMS as preferred tenderer follows the completion of a competitive tender and due diligence process examining safety, experience and operational capabilities.

“We are very pleased to appoint AMS as preferred tenderer for the open-pit mining contract as they have a strong track record in the region with over 9 years of operating experience in Burkina Faso and 30 years’ experience in West Africa.”

Ausdrill Group Managing Director Mark Norwell said:

“A key focus for the new Ausdrill group has been to enhance our surface operations in Africa and target substantial growth opportunities across a range of commodities in select African countries. Being selected as preferred contractor at the Sanbrado Gold Project is a significant achievement and represents the excellent progress we are making in building on the suite of quality projects on which AMS operates in the region.”

West African and AMS are in the process of finalising the contract terms to enable formal execution, with works expected to commence in early CY2020.