DEVELOP enters into $400m contract for Bellevue Gold Mine
West Australian exploration and development company has been advised on its $400 million mining contract at Bellevue Gold’s Bellevue Gold Mine.
Firm: Gilbert + Tobin (DEVELOP)
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Deal: DEVELOP has entered into a $400 million mining contract as part of its strategy to create an underground mining business. The mining contract covers a period of almost four years, G+T said in a statement, and allows DEVELOP’s underground services division to undertake construction, development and production activities at the underground mine located 40 kilometres to the north-west of Leinster in the Goldfields region of Western Australia.
Area: Energy and resources
Value: $400 million
Key players: The G+T team was led by partner Michael Blakiston, who was supported by special counsel Lloyd Chater.
Deal significance: Mr Blakiston said: “We are delighted to have advised DEVELOP on a contract which is one of the largest in the WA gold mining industry.”