Moly Mines has awarded ESS Pantarlangu Pty Ltd, a joint venture between the traditional owners and custodians of Spinifex Ridge and the Compass Group, a multi million dollar contract to manage the Spinifex Ridge Iron Ore Project mining camp. The agreement is the first contract to be awarded to a Njamal-related entity under Moly Mines’ Land Access Agreement with the traditional owners. The joint venture contract, which extends for the life of the project, supports indigenous participation in the supply of accommodation management services including catering, cleaning, ground maintenance and other aspects of maintaining the village. The contract is scheduled to commence in mid October 2010. The mine is expected to ship its first ore from Port Hedland in December this year.
