Leighton Asia wins US$155.5 mln contract to develop Indonesian gold mine

Antara News, Tuesday, July 27, 2010 16:45 WIB

Jakarta (ANTARA News/Asia Pulse)  - Leighton Asia has won a five-year contract to develop the Martabe gold mine of G-Resources Group Ltd in South Tapanuli.

The subsidiary of Australia's mining service contractor Leighton Holdings Ltd (ASX:LEI) will earn A$172 million (US$155.5 million) from the contract.

Leighton Asia will build access road and other mining infrastructure, remove the overburden and drill tunnels, Leighton Asia managing director Hamish Tyrwhitt said. Work will start early next month, the newspaper Investor Daily quoted Tyrwhitt as saying.

Source:

Business in Asia Today - Jul. 27, 2010

published by Asia Pulse