Watpac awarded gold mine contract

Company News

Watpac Limited (ASX:WTP) says they have been awarded a $17 million contract by Ramelius Resources (ASX:RMS)
 
The deal is to provide mining services for the recently approved Kathleen Valley gold project in W.A. 
 
Watpac will clear the surface for the open pit mine as well as remove top soil, drill and blast the main pit and dewater. 
 
Watpac will also provide 12 months of excavation and dump truck mining for the Mossbecker and Yellow Aster pits at the same project. 
 
Watpac reported a net profit of $6.2 million for the first half of the 2015 financial year. 

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