MINING

Capricorn names contractor for Karlawinda Gold Project

Capricorn Metals has completed a competitive process for the contract for the first five years of mining of the Karlawinda Gold Project and has has issued a Letter of Intent (LoI) to award the contract, worth AUS$400 million (US$290 million) to MACA Mining Pty Ltd, a subsidiary of MACA Ltd.

 A Letter of Intent has been issued by Capricorn Metals to MACA Mining Pty Ltd covering the first five years of mining contract at the Karlawinda Gold Project

A Letter of Intent has been issued by Capricorn Metals to MACA Mining Pty Ltd covering the first five years of mining contract at the Karlawinda Gold Project

The LoI has been issued to MACA based on its price competitiveness and relevant experience of similar scale gold projects in Western Australia. MACA is a well-established and reputable contractor with...

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