U&M signs LOM mining contract with Beadell at Tucano gold mine

Beadell executed a life-of-mine mining contract with U&M Mineração e Construção S/A for the Tucano gold mine in Brazil, expected to reduce LOM mining costs by ~$100 million. U&M will be paid on a 100% volume basis.

“We are pleased to have reached an agreement with U&M that we believe will materially improve the financial performance of the Tucano Gold Mine.”im-mining.com

• 1 source
• im-mining.comU&M gets LOM volume basis contract with Beadell at Tucano gold mine - International MiningPaul MooreJul 16, 2018

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