Western Australian mining contractor, Pilbara Resource Group Pty Ltd (PRG), has secured a works contract with GWR Group Ltd (GWR) for Stage 1 of its Wiluna West Iron Ore Project.
The Alliance Mining Contract will see PRG carry out development, mining, and transport for the C4 Iron Ore Deposit. This direct shipping deposit will produce a high grade, low impurity iron ore.
Under the deal, GWR will retain a 70% share of direct profit and the rights for ore sales, strategy, and timing.
PRG’s 30% profit share is expected to see its turnover increase significantly in 2021.
The GWR contract caps off 12 months for PRG during which it secured several new projects and large scale contracts that saw its workforce increase by 35%.
This includes AUS$15 million worth of contracts with Sodexo for refurbishment and critical infrastructure projects at Rio Tinto FIFO camps, and a AUS$2 million contract with Novo Resources for the re-energisation of its Golden Eagle camp in Nullagine.
The company has survived the spate of construction and civil contracting firms that went into voluntary administration, leaving it out of pocket.
Scott Dryland, Founder, said resilience, adaptability, and a can-do commitment have been the hallmarks of PRG since day one.
"We are nimble, and we are not afraid to do things differently," he said.
“It’s no coincidence that we hunt out the jobs that others shy away from.”
Dryland said production at Wiluna West is on track to commence before Christmas, with the first iron ore shipment scheduled for early 2021.
Read the article online at: https://www.globalminingreview.com/finance-business/18112020/pilbara-resources-group-secures-works-contract/