miningcontracts

📈 Austral Gold Signs Two Mining Services Contracts at Casposo

Gold producer Austral Gold has signed two mining services contracts with local suppliers to support open‑pit mining operations at its Casposo mine in San Juan Province, Argentina. These contracts kick‑start development activity and feed into the company’s 2026 production plans.

• 🛠️ Contract scope: Agreements cover drilling & blasting at the Julieta and Mercado open pits and loading & haulage services for pits and existing stockpiles.

• 📍 Location: Casposo mine, San Juan Province, Argentina — a major gold‑silver mining hub.

• 📅 Operations started: Mining development activities have now commenced following contract execution.

• 📊 2026 outlook: Ore from Julieta, Mercado and stockpiles is expected to support annual production guidance for 2026.

Local workflows and contract execution at Casposo signal operational ramp‑up ahead of 2026 production targets, potentially boosting Austral Gold’s output and positioning in the Argentine mining sector.

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