Maca wins $28m contract

MACA has been awarded a $28 million contract for work at Adaman Resources’ Kirkalocka gold project near Mt Magnet.

Under the contract, Welshpool-based Maca will install a new semi-autogenous grinding mill and refurbish a processing plant at the project.

Work is expected to begin in February, and will run for eight months.

Maca will employ about 40 people for the contract.

The contract comes after Maca completed early works for Adaman.

Maca operations director Geoff Baker said the company was looking forward to working with Adaman.

“Maca Interquip has an excellent record of successful refurbishment delivery,” he said.

“Our alliance with NCP International, who manufacture grinding mills and install complete comminution circuits globally, as an installation partner will provide Maca Interquip with further exposure as an integrated mineral processing supplier.

“The recent contract awards for Maca Interquip demonstrates the success of the Maca strategy to diversify its services within the resource industry.”

The contract comes after Maca recently received a letter of intent to refurbish a gold processing plant for Echo Resources.

Other recent and ongoing work on processing plants include Panoramic Resources’ Savannah nickel project and the Degrussa copper project for Sandfire Resources.

Shares in Maca were 1.1 per cent higher at 90 cents each today.