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Watpac wins Sirius contract

WATPAC has won a contract to construct the tailings storage facility at Sirius Resources' Nova ni...

Andrew Duffy

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Construction is scheduled to start in February and will include a fully-lined single above-ground impoundment with a surrounding 800,000 cubic metre embankment.

The value of the new work was not disclosed and a Watpac spokesperson was not available for comment this afternoon.

Watpac managing director Martin Monro said the new contract proved the company’s strong reputation in WA.

“Watpac Civil and Mining has developed extremely strong credentials in WA in recent years and continues to build a healthy and diverse forward work book of projects,” he said.

“The high standard of knowledge and skills the team bring to each project has ensured the strong performance of the WA civil and national mining businesses over the past 12 months despite difficult market conditions.”

Watpac Civil and Mining general manager Russell Hall said the contract was another strong addition to the company’s work in WA.

“This five month contract follows the recent award of a drill, blast and mining services contract with Hanking Gold at its Southern Cross Operations and is a great addition to our work book,” he said.

“We are looking forward to working with Sirius Resources and expect to employ approximately 70 people as part of this project.”

Watpac shares were last trading 1.7% lower at A81c.

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