JCHX Mining Management's (SHA:603979) unit, Kingko Construction, signed a $76.5 million contract with Ruashi Mining of Metorex Group for a segment mining and cutting project in the Democratic Republic of Congo, according to a Sept. 13 disclosure on the Shanghai Stock Exchange.
The project is a 400-millimiter segment of #1 stope, 520ml, 540ml segment mining and cutting project. It also includes a 400ml segment 1# stope east and 540ml middle section sulfide ore recovery project.
The Chinese mining construction company will undertake the project until June 30, 2027, the disclosure said.