Super Pit Wall Failure

  1. 62 Posts.
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    I suspect in addition to today's announcement the Kalgoorlie Super Pit operated by the KCGM JV is also posing some problems for ASL at the moment. This article helps explain the issue - disallowed/national/western-austral...lie-super-pit-rock-falls-20180529-p4zi92.html

    Per an the ASL capital raising presentation from 2017 Newmont / Barrick (the JV partners of KCGM) represented about 4.5% of Revenues for 2017. Hard to quantify a number but gives an idea of the value of the contract.

    Hope it helps - DYOR.

    Cheers
 
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