ENERGY DEVELOPMENTS EXTENDS MINE CONTRACT

ENERGY DEVELOPMENTS EXTENDS MINE CONTRACT

ENERGY Developments Limited (ASX:ENE) has extended its contract with AngloGold Ashanti Australia Limited (AGA) to supply power at its Sunrise Dam Mine.

ENE’s power station capacity will increase by six megawatts to 27MW, extending the contract by 10 years to the end of December 2025.

The energy provider will replace diesel generation with high efficiency medium speed gas generators.

Construction on the new power station facility will coincide with the development of a new gas pipeline, to minimise disruption.

The power station is expected to be operational by the end of 2015.

Managing director Greg Pritchard says the announcement is a testament to the enduring relationship between the two companies.

“The relationship between Energy Developments Limited and AngloGold Ashanti encompasses over 20 years of partnership,” Pritchard says.

“We are delighted to secure the expansion and extension of existing arrangements to meet the current and future energy needs of the Sunrise Dam Mine.”

The Sunrise Dam Mine is located in Western Australia and produces 270,000 ounces of gold annually.

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

The cost of not communicating: How Whispir’s tailored messaging tech lifts engagement
Partner Content
While it is common for businesses to haggle with suppliers over small price differences...
Advertisement

Related Stories

Administrators proffer alternative to liquidation for Probuild parent

Administrators proffer alternative to liquidation for Probuild parent

A Deed of Company Arrangement (DOCA) is the preferred way forward f...

Twiggy Forrest-backed intercontinental solar power project deemed ‘investment ready’

Twiggy Forrest-backed intercontinental solar power project deemed ‘investment ready’

The Australia-Asia PowerLink (AAPowerLink) project backed by the li...

Jetstar CEO to resign as Qantas Group recovery reaches cruising altitude

Jetstar CEO to resign as Qantas Group recovery reaches cruising altitude

Jetstar CEO Gareth Evans has today announced he will step down from...

Brisbane transit tech Bridj selected as official fleet manager of 2022 Commonwealth Games

Brisbane transit tech Bridj selected as official fleet manager of 2022 Commonwealth Games

A Software as a Service (SaaS) platform for fleet management servic...