What's Happening?
Pybar, a specialist in underground metals mining and a Thiess company, has been awarded a three-year contract for the rehabilitation and development of the Rosebery Mine in Tasmania. This contract expands
Pybar's scope of work at the site, which has been operating for nearly 90 years. The Rosebery Mine produces zinc, copper, and lead concentrates containing gold and silver payability, as well as gold doré. Pybar has been operating at the mine since April 2023 under a contract for shotcrete and cemented rockfill works. The new agreement reinforces Pybar's presence at the polymetallic base metal operation, contributing to Australia's standing as a major global supplier of critical minerals.
Why It's Important?
The contract award to Pybar is significant for Australia's mining industry, as it strengthens the country's position as a leading supplier of critical minerals essential for various industries worldwide. The Rosebery Mine's production of high-grade ore is vital for manufacturing, technology, energy, and construction sectors. Pybar's expanded role at the mine demonstrates its expertise in underground mining and its commitment to quality outcomes. This development also highlights the importance of strategic partnerships in the mining sector, as Pybar's collaboration with MMG on the Rosebery project continues to yield positive results.
What's Next?
Pybar's team is mobilizing to commence work on the expanded scope at the Rosebery Mine, with a focus on delivering quality outcomes. The contract win also strengthens Pybar's partnership with MMG, and stakeholders will be monitoring the progress of the rehabilitation and development activities. Additionally, Pybar has been appointed as the underground development contractor for Larvotto Resources' Hillgrove antimony-gold project in New South Wales, indicating potential growth opportunities for the company in the Australian mining sector.
