Ausdrill subsidiary, African Mining Services (AMS) has been selected as the open-pit mining contractor for West African Resources’ Sanbrado gold project in Burkina Faso, West Africa.
AMS and West African Resources are in the process of finalising the contract terms, which is expected to generate around $235 million in revenue under a schedule of rates contract.
This will include the provision of an optional deferred payment arrangement for up to $US10 million ($14.8 million).
AMS expects to commence works at the Sanbrado project in early 2020. The company will undertake a full suite of open pit mining services including site preparation, drill and blast, load and haul and maintenance works over a five-year term.