News & Media

20 May 2010

CONCOR MINING TO UNDERTAKE OPENCAST MINING OPERATIONS FOR EASTERN PLATINUM LIMITED

Concor Mining has been awarded the contract for the opencast mining operations of the M9 and M10 Merenksy pits for Eastern Platinum Limited.

The contract to remove top soil, drill, blast and remove the waste, and remove, crush and stockpile the ore was awarded primarily on the strength of Concor Mining’s reputation as a skilled and experienced surface mining contractor. The company’s impressive portfolio of projects, combined with the knowledge gained in this demanding environment, has gained Concor Mining Preferred Contractor status with Eastern Platinum Limited.

“The project, valued at over R1-billion, entails the extension of two old rehabilitated pits from 30 to 60 metres deep with the rehabilitation of the new pit excavation on completion of the contract,” Simon Norwood, director at Concor Mining, says.

The contract period is 48 months, comprising a six month development stage followed by 36 months of ore production and six months of rehabilitation.
 
“We have invested in additional load and haul plant and equipment to the value of R130-million in order to provide an uninterrupted service on the contract, which is now well into the developmental phase,” Norwood says.

“An emphasis on safety, coupled with the fact that Concor Mining has worked on the mine for many years and is therefore completely familiar with its operations, has positioned us as a valuable supplier to Eastern Platinum Limited,” Norwood concludes.

The project entails the extension of two old rehabilitated pits with the rehabilitation of the new pit excavation on completion of the contract.