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Buildmax Ltd Secures Contract In Republic Of Congo


Tuesday, 5 Mar 2013 07:31am EST 

Buildmax Ltd announced that through subsidiary Diesel Power Congo (in the process of being established), has been awarded an open pit quarrying and mining contract ( mining contract) in the Republic of Congo (Congo). The Mayoko mine iron ore project of DMC Iron Congo SA (DMC), which is controlled by Exxaro Resources Limited (Exxaro), is situated in the Niari province in the north-west of Congo, approximately 300 kilometers north-east of the port of Pointe-Noire. The initial open pit mining contract is valued at USD25,8 million, which excludes all plant and funding costs. 

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