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Contracting and property development company Watpac Ltd (ASX:WTP) says its civil and mining division has expanded with two new mining services contracts.
In the past month Watpac has secured a 3.5 year mineral sand mining contract in Victoria for Iluka Resources Ltd (ASX:ILU) and a six month contract from Yarrabee Coal Company for work at their Queensland mine.
Watpac says it now has a $740 million portfolio of long term mining services contracts in Australia across a range of commodities.
Watpac advises that is also a preferred contractor for Ramelius Resources Ltd (ASX:RMS) Mt Magnet Gold Mine in Western Australia.
In the first half of its 2011 financial year, Watpac generated a net profit of $4.3 million
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Last
$6.25 |
Change
-0.060(0.95%) |
Mkt cap ! $2.700B | |||
| Open | High | Low | Value | Volume |
| $6.32 | $6.34 | $6.25 | $1.692M | 268.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 17 | 14097 | $6.25 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.26 | 9485 | 33 |
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| Last trade - 11.28am 08/09/2025 (20 minute delay) ? |
| ILU (ASX) Chart |