Albidon hires Byrnecut under 3 year contract

West Perth-based Albidon Ltd has engaged the Zambia branch of Byrnecut Mining International Ltd as the mining contractor for its Munali Nickel Project under a three year contract, the company has announced.

The full text of a company announcement is pasted below

Munali (100% Albidon) is located approximately 60 kilometres south of Zambia's capital city, Lusaka. The Project area comprises the Enterprise deposit and a number of other nickel prospects in the Munali Intrusion, the most advanced of which is the Voyager prospect along strike to the north of Enterprise.

Byrnecut Mining International Limited ("Byrnecut") is one of the largest underground mining contractors in the world with an extensive fleet of mining equipment and a very experienced mining team. Byrnecut is an experienced and successful operator at similar projects in Australia, Africa, Asia, Europe and the Americas. Byrnecut will be focusing on expediting underground development in the coming months to ensure ore production in time for planned first deliveries of concentrate in mid 2008.

The contract term is for a period of approximately three years and involves the supply and management of a full underground mining service.

Byrnecut Mining

Byrnecut was established in 1987 and has grown into a group that employs over 1,700 people operating a large fleet of specialised underground mining equipment. Contract works include long-term mine development and production contracts, supplying management, labour, equipment and materials, raise drilling, boxhole boring, shaftboring and shotcreting. These activities cover both gold and base metals operations. Byrnecut has developed project management expertise and support systems which are capable of handling a variety of mining projects from initial feasibility to final production. In 1999, Byrnecut established an international division to continue the expansion of the company.