Endeavor – 2006

SCOPE

• Initial scope was more than 2,500 metres of upper decline development;
• On successful completion of initial scope work continued with ongoing capital development throughout the Endeavor mine; and
• This scope included a 6 month campaign of longhole production drilling.

CONTRACT TYPE

• Fixed plant ownership and part of the workforce, balance of labour and variable plant costs were included in a cost/metre rate; and
• The contract included payment of margin linked to KPIs consisting of proactive safety, quality and productivity measures.

PROJECT STATISTICS

• Project Term: 14 months;
• Employees: 76;
• 2500m upper decline development;
• On-going capital development and
• 6 month campaign of longhole production drilling.

KEY PROJECT OUTCOMES

• 600m of the development was completed using a Mitsui S200 roadheader;
• Built productive integrated team of client & PYBAR employees;
• Successfully utilised existing client equipment with integrated team; and
• On time & on budget, achieving targeted margin aligned to KPIs of proactive safety, quality and productivity.

KEY MILESTONES

• Project commenced: April 2007
• Project completed: June 2008

KEY PLANT & EQUIPMENT

• 2 x Jumbos – Tamrock Axera D07;
• 1 x Truck – Cat AE40;
• 3 x Loaders – Volvo L50D; and
• 1 x Charge up Unit – Normet 1610B.