Rex Minerals Selects Thiess’ mining services for Hillside
- Rex Minerals (RXM) partners with Thiess to deliver an optimal mining solution for its Hillside copper-gold project in South Australia
- The companies executed a non-binding letter of intent, with plans to enter a mining services contract at the end of this year
- Thiess will help Rex drive down project costs, including utilising its HSE systems, integrating its personnel, and developing optimal mining equipment options
- Prior to selecting Thiess, RXM evaluated a number of mining contractors to compare cost proposals for an initial five-year mining period
- Shares are trading 1.47 per cent higher today at 17.3 cents each at 2:02 pm AEST
