Business
Here’s why the BCI Minerals (ASX:BCI) share price just jumped 5%
The BCI Minerals Ltd (ASX: BCI) share price is up by 5% today after the company announced it has awarded up to $90 million in contracts to construction companies and support infrastructure arrangements for its Mardie Salt and Potash Project.
Despite securing a large loan, the contracts are currently funded from BCI’s existing strong cash reserves and continuing royalty income from its Iron Valley holdings.
The contract for initial ponds is awarded to WBHO Infrastructure, the Australian subsidiary of international civil construction expert, WBHO Construction. The contract for the Project Management Contractor (PMC) role awarded to reputable WA-based
project and construction management company, Engenium.
Engenium brings local…
-
Noosa News19 hours agoThe grey backstreet of Brisbane’s Fortitude Valley where Arnie the missing dog was found dead in his owner Nathan McKeown’s black ute
-
Noosa News21 hours agoFuel tanker racing to unload in Darwin ahead of Tropical Cyclone Fina
-
Noosa News20 hours agoShattered families demand justice after Wieambilla killers not deemed terrorists
-
General20 hours agoWaste from Perth set to be trucked out to York after WA minister approves landfill site