Join our daily newsletter At The Bell to receive exclusive market insights
- DEVELOP Global (DVP) has established a new division which will supply underground mining services for Australian projects
- The Underground Services division is headed up by Paul Nilsson and Aaron Armstrong, who both previously worked for Northern Star Resources (NST)
- DVP says its new division has been invited to tender for the mining contract at Bellevue Gold’s (BGL) Bellevue project in WA
- Company shares are trading up 3.17 per cent at 65 cents each
DEVELOP Global (DVP) has established a new division to supply underground mining services for its own and other companies’ projects.
The newly established Underground Services division will be headed up by Paul Nilsson and Aaron Armstrong, who both previously held senior roles at Northern Star Resources (NST).
DVP’s new division has been invited to tender for the mining contract at Bellevue Gold’s (BGL) Bellevue project in WA.
DEVELOP’s Managing Director Bill Beament said the tender was an exciting start for the new division.
“We have quickly built an exceptional team, many of whom have worked together at some of the most successful and productive mines and companies across Australia,” Mr Beament said.
“We are delighted to be given the opportunity to tender for the mining contract at Bellevue, which is clearly on the path to joining this list of world-class WA projects.
“Developing an asset of such exceptional quality as the Bellevue deposit represents an enormous opportunity for Bellevue shareholders.
“I have no doubt that with our vast experience in WA underground mining, the DEVELOP team can help ensure this potential opportunity is maximised.”
The new division comes after DEVELOP recently changed its name from Venturex and released an updated strategic plan for growth.
Company shares were trading up 3.17 per cent at 65 cents each at 1:23 pm AEDT.
