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An artist's impression of the processing facility at Heron's Woodlawn zinc-copper project south of Sydney.

Cimic wins $107m Heron contract

Heron Resources has awarded CIMIC Group subsidiary Sedgman a $107 million engineering, procurement and construction contract for a processing facility at its Woodlawn zinc-copper project south of Sydney.

Sedgman will build a 1.5 million tonnes per annum mineral processing plant at the $151.6 million Woodlawn project under the contract, which comes with cost under-run and performance incentives to promote early completion and an under-budget result.

“This contract award follows the successful undertaking of a front-end engineering design program that included a value engineering approach incorporating significant improvements on the earlier feasibility study work,” Heron managing director Wayne Taylor said.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/09/17

1 year TSR5 year TSR
thGalena Mining0%0%
62ndFlinders Mines162%-6%
526thGindalbie Metals-21%-44%
591stGeopacific Resources-34%-28%
711thHeron Resources-54%-14%
719 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

02/10/17
$15k Bought
07/09/17
$15k Bought
07/09/17
$30k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

223rd↓Heron Resources$140k
403rd-Flinders Mines$0
406th-Galena Mining$0
409th↓Geopacific Resources$0
410th↓Gindalbie Metals$0
489 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Heron Resources

196thWayne Taylor$590k
366thCharlie Kempson$377k
616thSimon Smith$237k
Ranked by total remuneration from all listed WA companies

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