BC Iron Announces award of Warrigal HUB Contract at the NJV

BC Iron Limited (ASX:BCI) announced it has awarded a mining and crushing & screening contract for the Warrigal hub at the Nullagine Joint Venture to Viento Contracting Services Pty Ltd, a subsidiary entity of Viento Group Limited (ASX:VIE).

As quoted in the press release,

The contract provides for the mining and crushing & screening of approximately 2 million tonnes per annum of Warrigal ore for 2 years commencing in April 2015. Viento will provide and operate load & haul and crushing & screening equipment, and operate a second hand Vermeer 1655 surface miner that the NJV has agreed to purchase from Fortescue for $1.8M(BC Iron share A$1.35M), which will result in reduced capital-related operating charges at site.

Click here for the full BC Iron Limited (ASX:BCI) press release