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

Four ways businesses can use artificial intelligence to triumph in 2022
Partner Content
The last two years have delivered major disruption to the technology industry and broad...
PROS
Advertisement

Related Stories

QLD Premier confirms borders to reopen four days early

QLD Premier confirms borders to reopen four days early

With Queensland health authorities expecting the 80 per cent double...

Cyber weekend sales make November the biggest month in Australian online shopping history

Cyber weekend sales make November the biggest month in Australian online shopping history

November was the biggest month in Australian online shopping histor...

Aussie Broadband launches $344m bid for Over The Wire

Aussie Broadband launches $344m bid for Over The Wire

One of Brisbane’s Top Companies Over The Wire (ASX: OTW) has ...

Woolworths takes on Wesfarmers in bid for Priceline with $872m offer

Woolworths takes on Wesfarmers in bid for Priceline with $872m offer

Woolworths Group (ASX: WOW) has today thrown its hat in the ring to...