Aug 31 (Reuters) - MACA Ltd (MLD) :
- EXECUTED A 'LIFE OF MINE' CONTRACT WITH CARABELLA RESOURCES PTY LTD
- PROJECT IS EXPECTED TO GENERATE ABOUT $700 MILLION IN REVENUE OVER A 10 YEAR MINE LIFE
- CONTRACT FOR PROVISION OF MINING SERVICES AT BLUFF COAL PROJECT NEAR BLACKWATER IN BOWEN BASIN IN QUEENSLAND
- MACA WILL FINANCE DROP CUT TO FIRST COAL AND OTHER MINOR PROJECT WORKS VIA A SECURED WORKING CAPITAL FACILITY OF UP TO $25 MILLION
- PROJECT WILL UTILISE BOTH ACQUIRED AND HIRED EQUIPMENT WITH CAPITAL EXPENDITURE OF APPROXIMATELY $45MILLION
- CONTRACT WORKS WILL COMMENCE IN Q2 OF FY19 AND FIRST COAL IS EXPECTED TO BE PRODUCED IN Q3 FY19
Aug 31 (Reuters) - MACA Ltd (MLD) : EXECUTED A 'LIFE OF MINE'...
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